The Sacramento Bee reviewed CalPERS' documents to find how pension formulas used in the late 1990s and early 2000s dramatically boosted retirement allowances.

The complaint against the bank alleged Flagstar breached its fiduciary duty by allowing its 401(k) plan to invest in its own Flagstar common stock at a time when bank executives knew such an investment was imprudent.

Retirement plan administrators will face new electronic filing requirements for employee retirement benefit plan statements, returns and related reports under the latest proposed rule from the IRS.

Regulators say advisors should update contingency plans so they can get back to work more quickly following a natural disaster such as Hurricane Sandy.

The retirement industry asks the IRS for clarity on severance status and managing non-vested employer contributions in upcoming 403(b) rules.

Because the plan is significantly underfunded, the decision jeopardizes the retirement security of everyone in the plan.

Moodys Corp. won a dismissal of a lawsuit alleging the company made false statements about its objectivity.

The Pension Benefit Guarantee Corp. will pay out retirement benefits for more than 650 current and future retirees of Allied Systems Holdings Inc.