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Pension funds enjoyed enormous stock market returns during the pandemic but slower gains and underfunding has increased their liabilities.
Long-term debt (also called long-term liabilities) is a financial obligation that extends past a 12-month period. This is the opposite of short-term liabilities, which are loans due within a year.
Long-term liabilities typically include: long-term bonds issued by the company; pension obligations to present and past employees; equipment or property leases that extend beyond one year ...
Based on our discretionary paydowns and the strong stock market close-out in June, Newport Beach’s unfunded pension liability ...
Louisiana’s long-term liabilities as a percentage of personal income increased to 15.4% in FY 2023, up from 14.7% in fiscal 2022. For state pension holders, a rising long-term liability burden could ...
Fossil Fuels Proponents Say Storing Captured Carbon Underground Is Safe, But States Are Transferring Long-Term Liability for Such Projects to the Public As companies propose storing carbon dioxide ...
While final numbers aren’t yet available for 2024, the report projects a 0.3% increase in the frequency of claims for long-term care facilities and a 3.7% increase in claim severity.