Pensions: Today's promises, tomorrow's credit challenges
As the retiree population quickly rises, the long-term impact of fixed costs are now quite evident pressuring sovereigns, state and local governments across the world to face their pension liabilities head on.
  • Reports
    263 Documents
    20 DEC 2019|Issuer Comment|MOODY'S INVESTORS SERVICE
    Hall County Superior Court ruling in favor of Hall County is a credit positive as it upholds modifications to the county's pension plans.
    19 DEC 2019|Sector Profile|MOODY'S INVESTORS SERVICE
    Unfunded pensions are by far the most substantial long-term liability for most of the 50 largest local governments, according to our annual survey of their retirement benefit funding.
    19 DEC 2019|Sector In-Depth|MOODY'S INVESTORS SERVICE
    This series provides a state-by-state, in-depth review of the key issues related to pensions facing state and local governments. An update regarding Texas is the latest addition.
    17 DEC 2019|Sector In-Depth|MOODY'S INVESTORS SERVICE
    Washington state and its local governments face relatively low credit risks from pensions, owing partly to past reforms as well as contributions that amortize reported unfunded liabilities.
    12 DEC 2019|Issuer In-Depth|MOODY'S INVESTORS SERVICE
    An in-depth analysis of the drivers of the US government's entitlement spending and the likely long-term impact on the sovereign's fiscal strength.
    11 DEC 2019|Sector In-Depth|MOODY'S INVESTORS SERVICE
    State and local governments will benefit from cost stability through 2021 because their pension systems' returns landed near targets in 2019, but risks from investment losses are high.
    30 OCT 2019|Issuer Comment|MOODY'S INVESTORS SERVICE
    East St. Louis' failure to make required contributions to public safety pension funds will cost it state revenue and heighten the chance it can't provide public services as well as pay debt.
    15 OCT 2019|Issuer In-Depth|MOODY'S INVESTORS SERVICE
    Whether Puerto Rico's pension bondholders' secured claim extends to “pay-as-you-go” pension payments stands to affect not only their recovery, but also that of other bondholder classes.
    17 SEP 2019|Research Announcement|MOODY'S INVESTORS SERVICE
    A detailed presentation of Moody's state pension and OPEB medians for fiscal 2018.
    17 SEP 2019|Sector Profile|MOODY'S INVESTORS SERVICE
    A detailed presentation of Moody's state pension and OPEB medians for fiscal 2018.