by | May 14, 2020

Long before the coronavirus struck, the United States Postal Service (USPS) was languishing under systemic financial problems caused by its…

by | Mar 14, 2020

Across the United States, myriad pension and trust funds are in trouble. Serious trouble. The U.S Postal Service’s retiree health…

by | Dec 20, 2018

The U.S. Government Accountability Office (GAO) predicts a stormy fiscal future for state and local governments, with expenses expected to…

by | Dec 12, 2018

A former deputy commissioner at the Social Security Administration (SSA) says pension trustees are assuming higher investment returns than in…

by | Nov 28, 2018

Fiscal hawks hope to see reforms in accounting standards for state and local governments that would increase the transparency of…

by | Oct 16, 2018

If states were squirrels most don’t have enough nuts stored for winter – or the next recession. Standard & Poor’s…

by | Aug 20, 2018

Gov. Matt Bevin told a conference of local government officials last week they’ll be “screwed” in the pocketbooks if the…

by | Aug 8, 2018

The pension situation has gotten so dire in Chicago that the city is considering stabilizing its retirement systems by financing…

by | Jul 16, 2018

The U.S. Supreme Court’s decision on the side of public-sector workers, preventing them from being forced to pay “fair-share fees”…

by | Dec 23, 2016

Editor’s Note: This piece is an ongoing investigative series in partnership with Watchdog.org’s state-level journalists. Pension budget woes beset nearly every…

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