The union, representing 195,000 working and retired school employees, topped the list of lobbyist spending by special interest groups, for the second straight year.
Massachusetts Gov. Deval Patrick has filed a bill that would prevent retiredpublic employees from receiving both a pension check and unemployment benefits.
AMR Corp. says it lost $234 million in January, as bankruptcy discussions continue on turning over the company's pension obligations to the federal government.
Brett Horowitz shows how clients can gain tens of thousands of dollars in extra retirement income by applying little known Social Security Administration rules.
Regulators Friday closed Tokyo's AIJ Investment Advisors, who said they can't account for a large percentage of the 183 billion yen invested on behalf of companies including manufacturers of industrial robots and microchip-testing equipment.
A Colorado Republican lawmaker withdrew his own bill on retiree health care after public outcry that the measure would knock thousands of eligible Medicare recipients out of the program.
Ford Motor Co. says it will pump $3.8 billion into its global pension plans this year as it tries to get them closer to fully funding their obligations.
However stout a client's tax defenses, there's almost no avoiding the levy against retirement plans for the year they reach 70 1/2, when they must start withdrawing cash from IRAs and 401(k) plans and paying ordinary income tax on it, writes Robert Hershey in the New York Times.