Moody’s – Pension Liabilities Surge In 2017

A recent report from Moody’s Investor Service presages troubling times for pensions belonging to the 50 largest local governments- US. According to the report, Adjusted Net Pension Liabilities (ANPLs) rose in the 2016 fiscal year for 42 of the 50 largest local governments. The ranking is comprised of the total debt outstanding held by these local…