As state and municipal leaders face the financial repercussions of their pension obligations, many are testing to see if there are ways around those contracts.
Looking for a lucrative retirement? A long service as a federal employee has left a significant chunk of retirees with six-figure incomes, especially among federal agents.
Advisors polled by the FSI say they would like Mitt Romney to take the upcoming election by a landslide, but realistically predict only a very slim victory.
Boston College researchers say states are well within their rights to amend public employee pension benefits as they see fit, as retirement promises may not be as iron-clad as first thought.
Illinois is seeing a surge in state employees taking early retirement, hoping to cash in on pension benefits - concerned about long-awaited pension reform.
The California pension system holds more than $2 billion in venture capital assets, but an investment committee may steer the fund in another direction.