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

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Research & Ratings

Research
  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
02 Mar 2021 Issuer Comment Illinois (State of): Adjusted net pension liability to surpass $300 billion as source of credit stress worsens Illinois (State of)
01 Oct 2020 Issuer In-Depth Illinois (State of): Coronavirus crisis threatens to worsen already outsized liability burden Illinois (State of)
09 Jul 2020 Issuer Comment Chicago (City of) IL: Legislation to move Chicago casino forward is credit positive Chicago (City of) IL
30 Oct 2019 Issuer Comment East St. Louis (City of) IL: Pension costs threaten ability to provide public services as well as pay debt East St. Louis (City of) IL
13 May 2019 Issuer Comment Illinois (State of): Illinois is latest state to exceed April income tax estimates, opening alternative path on pensions Illinois (State of)
18 Dec 2018 Issuer Comment Illinois (State of): Pension funding improves, but lags other states due to weak contributions and high payouts Illinois (State of)
23 Jul 2018 Credit Opinion Illinois (State of): Update after revision of outlook to stable, affirmation of GO and related state ratings Illinois (State of)
13 Jul 2018 Credit Opinion Chicago (City of) IL: Update following revision of outlook to stable Chicago (City of) IL
13 Jul 2018 Credit Opinion Chicago Board of Education, IL: Update to credit opinion following upgrade to B2 stable Chicago Board of Education, IL
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