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Pensions: Today's promises, tomorrow's credit challenges

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  DateDocument Type Title Issuer/Entity
09 Apr 2021 Issuer Comment Chicago (City of) IL: State legislation increases city's firefighter pension liabilities, a credit negative Chicago (City of) IL
07 Apr 2021 Issuer Comment Providence (City of) RI: Rising pension contributions present a budget challenge but remain critical to accumulating assets Providence (City of) RI
07 Apr 2021 Sector Comment State and local government – Kentucky: State legislature creates hybrid pension system for new teachers, credit positive
22 Mar 2021 Sector Comment State and local government – New Mexico: K-12 pensions are a challenge, but liability spike reflects accounting, not economics
17 Dec 2020 Sector Profile Local Government – US: Pensions still driving liability growth of 50 largest governments as interest rates fall
20 Nov 2020 Issuer Comment Puerto Rico (Commonwealth of): US Supreme Court deals a blow to pension bondholders' recovery prospects Puerto Rico (Co...
Puerto Rico Emp...
24 Sep 2020 Sector In-Depth Public Finance – US: Low interest rates create pension and investment challenges but lower debt costs
17 Aug 2020 Sector Comment State and local government - Oregon: Highest state court confirms 2019 cost-saving pension changes, a credit positive
05 Aug 2020 Sector Comment State and local government – California: State Supreme Court upholds certain pension changes yet maintains protections, a credit positive
27 Jul 2020 Sector Comment State and local government – Colorado: Pulling back on pension contributions for fiscal relief is credit negative
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