Regulation
Court Rules Pensions Can’t Exist in a State of Limbo
In ‘most unusual case,’ judges back PBGC and find that someone must be held responsible for a pension even if the sponsor is long gone.
Tag: pension obligations
Market Moves
Pension Demands Put Local Governments in a Jam, Moody’s Says
With virus-driven costs mounting, cities’ and towns’ financial outlook shifts to negative from neutral, agency rules.