Major US cities’ pension risks are easing, but far from retired

Moody's Talks - Muniland
11/01/2024 14 min Episodio 38
Major US cities’ pension risks are easing, but far from retired

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Episode Synopsis

Pension liabilities for large local governments are falling because of higher interest rates. This dynamic — and greater contributions —bodes well for credit quality, though investment risk lingers.Guest: Tom Aaron, Vice President – Senior Credit Officer, Moody’s Investors ServiceHost: Nick Samuels, Senior Vice President, Moody’s Investors ServiceRelated content on Moodys.com (may only be available to registered users and subscribers):Local Government – US: Balance sheet leverage declining for large, pension-heavy local governments

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