Retirement savers have been saving, but not quite enough.” Two main risks loom large for retirees heading into 2026, ...
(AP) – Atlanta: The city faces an unfunded pension liability of $1.5 billion at last estimate. In 2011, the city announced changes that increased worker contributions to their retirement accounts and, ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Within two decades, China’s retirement-age population is projected to surpass the ...
It’s been 13 years since California’s debt crisis captured the public’s consciousness, as underfunded pensions and other employee liabilities shook up the state Capitol and local cities. The problem — ...
(The Center Square) – Illinois’ budget has $75 million set aside in what Gov. J.B. Pritzker calls a “fix” for Tier 2 public employee pensions. A Republican state legislator says it’s “kicking the can ...
For decades, Oregon’s public pension system has been kept afloat by a gusher of income from its investments in private equity, opaque private partnerships that typically buy companies, manage them, ...
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