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Planet Money
Why Public Pensions Are About To Look Less Healthy
July 23, 2012 New accounting rules will make public pension plans look less healthy, though they don't change the underlying reality.
Planet Money
Public Pensions Are About To Look Less Healthy
July 20, 2012 Numbers from state and local governments suggest their public pension plans are underfunded by about $1 trillion. New accounting rules are about to make that gap between what they owe and what they have on hand look bigger — much bigger, in some cases.
Planet Money
Judge Says Pension Fund Can't Seek Bankruptcy Protection
June 5, 2012 A bankruptcy judge has ruled that the pension fund of a small U.S. territory is a "governmental unit" and therefore not eligible to file Chapter 11 bankruptcy.
Planet Money
Bankrupt In Paradise
May 24, 2012 The public pension fund of a U.S. territory in the Pacific Ocean recently filed for bankruptcy. If the case is allowed to proceed, it could have major implications for retirees all across the U.S.
