10 Cities With The Riskiest Pension Plans: Morningstar Research

Upcoming national regulatory changes are expected to dramatically alter cities' pension reporting and accounting procedures, which will likely decrease funding for city pension plans that are already running low on cash. The new pension standards become effective in fiscal years that begin on or after June 15, 2014, but state and local governments will likely begin adapting to the changes earlier. With the change in standards looming, Morningstar Research has published a report on the 25 most po...