The FBI has issued an advisory that law enforcement personnel and public officials may be at an increased risk of cyber attacks.
The Center for State and Local Government Excellence has released a new issue brief, How Will Longer Lifespans Affect State and Local Pension Funding? The brief examines the impact that incorporating longevity improvements into their costs estimates would have on the funded status of state and local defined benefit plans.
POBs are taxable bonds that some state and local governments have issued as part of an overall strategy to fund the unfunded portion of their pension liabilities by creating debt.