The ongoing COVID-19 pandemic has presented public retirement systems with significant financial challenges that may cause some employers to attempt to disaffiliate or withdraw, leading to disputes about their ability to...more
The ongoing COVID-19 pandemic has presented public retirement systems with a serious financial challenge. In response ? beyond reducing current retirees’ COLA, which we covered in Part I — plan settlors may seek to reduce...more
Public retirement systems in the United States are among the entities that may be particularly affected by the COVID-19 pandemic and the resulting economic downturn that has upended so many businesses and governments...more