S&P Global Ratings' U.S. public finance team continues to highlight key pension and other postemployment benefit trends. In 2019, our research has provided comprehensive national and regional insight on these obligations and rising governmental costs to inform a forward-looking view on credit risk. In case you missed them, we have compiled a list of our research reports and podcasts published in 2019 on these topics.
Articles
- Five U.S. State And Local Government Pension And OPEB Trends To Watch For In 2019 And Beyond, Jan. 16
- Pension Brief: Are Asset Transfers A Gimmick Or A Sound Fiscal Strategy?, Feb. 19
- Illinois Budget Proposal Places Risky Bets On Asset Transfers And Graduated Income Tax, Feb. 22
- Pension Brief: The 'California Rule' Survives The First Round Of The State Supreme Court, March 6
- OPEB Brief: The Credit Impacts Of OPEB Obligation Bonds, March 11
- Connecticut's Proposed 2020-2021 Budget Once Again Seeks To Shift Pension Costs Onto Municipalities, March 20
- Credit FAQ: Quick Start Guide To S&P Global Ratings' Approach To U.S. State And Local Government Pensions, May 13
- Illinois Pension Consolidation: A Path Forward Or A Road To Nowhere?, May 14
- OPEB Brief: Risks Weigh On Credit Even Where There Is Legal Flexibility, May 22
- U.S. Not-For-Profit Health Care Pensions: 2018 Funded Ratios Remain Solid And Benefit From The Increase To Bond Rate, July 11
- Kentucky’s Recent Pension Law Transfers Risk To The Commonwealth, Increasing Budgetary Pressure, July 26
- Pension Brief: Credit Effects Of Municipal Pension Plans Approaching Asset Depletion, Sept. 5
- Retiree Medical Benefits Generate Unique Cost Drivers And Risks For U.S. States, Sept. 17
- Fifteen Largest U.S. City Pensions See Modest Gains In 2018, But Recession Risk And Rising OPEB Cost Challenges Persist, Sept. 23
- U.S. State Pension Reforms Partly Mitigate The Effects Of The Next Recession, Sept. 26
- Credit FAQ: How S&P Global Ratings Will Implement Pension And OPEB Guidance In U.S. Public Finance State And Local Government Credit Analysis, Oct. 7
- Criteria Guidance: Assessing U.S. Public Finance Pension And Other Postemployment Obligations For GO Debt, Local Government GO Ratings, And State Ratings, Oct. 7
- U.S. States Are Slow To Reform OPEBs As Decline In Liabilities Masks Increased Risk, Dec. 3
Podcasts
- Extra Credit: Todd Talks - our take on 2019, Feb. 25
- Extra Credit: Todd Talks - pension and OPEB issues, May 3
- Extra Credit: Health care pension plans and state health care benefits, Sept. 30
- Extra Credit: retirement roundup, Dec. 9
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