Featured Jobs
|
Retirement Relationship Manager MAP Retirement
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
Sentinel Group
|
|
BPAS
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
MAP Retirement
|
|
Regional Vice President, Sales MAP Retirement
|
|
Pattison Pension
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
California Beating Illinois Shows Pension-Gap Cost: Muni Credit
Bloomberg 
Sept. 4, 2012
"California debt is beating Illinois bonds by the most in three months as investors choosing between the two lowest-rated U.S. states reward efforts to bolster the finances of the nation's biggest pension. Illinois lawmakers failed to advance any measures in a special session Aug. 17 aimed at addressing the nation's worst-funded pensions. Standard & Poor's last week cut the state's credit one level to A, sixth highest. That's one step above California, where the Legislature passed a plan last week that is projected to curb pension liabilities by as much as $55 billion."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |