The unfunded liabilities of the Massachusetts public pension system grew last year and reforms to ease the burdens had almost no effect, according to a study by a nonprofit group.
A growing number of employers are levying a surcharge on the spouses of employees who sign up for health care coverage if they are eligible for them in their own workplace.
The 56th Annual Profit Sharing and 401(k) Survey reported that in three key areas participation rate, savings rate and company contributions plans in 2012 met or exceeded levels they had attained before the market crash in 2008.
A proposed ballot measure that would allow California cities to change the retirement benefits of current government employees drew a quick, sharp response from CalPERS, the states retirement system.
Investors are always looking for an edge, but a newsletter used by a group of Southwest Airlines pilots to make trades in its 401(k) accounts isnt sitting well with Vanguard.
If Congress fails to raise the debt limit, the 401(k) accounts of U.S. workers could fall by as much as 20 percent because of tumult in financial markets, according to a study by the American Society of Pension Professionals and Actuaries.
Global sovereign wealth funds, including state pension funds in the West, have reallocated more of their investments from low-interest bonds to international real estate and private equity.
The backlog of retirement claims filed by federal employees dropped by 22 percent from August to September, the Office of Personnel Management reported.