WASHINGTON, April 17 Moody's Investors Service
has placed the ratings of 29 U.S. local governments and school
districts under review as part of its new approach to analyzing
public pension liabilities, it said on Wednesday.
Chicago was included in the review - rating agencies have
already downgraded Illinois over a yawning pension gap - as were
Cincinnati, Minneapolis and Portland, Oregon.
In July, the agency announced it would change how it looks
at pension data out of concern that the liabilities created by
retirement promises have been underreported. Now it will adjust
the data provided by U.S. state and local governments to create
"greater transparency and comparability."