Defined Benefits

Real estate investments and rising stock prices help both pension fund post big annual gains.

Streamlining the processing of retirement checks to federal retirees has challenged the OPM for decades.

A bankruptcy expert hired by the state to stop Detroit's fiscal free-fall made the Chapter 9 filing Thursday in federal bankruptcy court.

The Cooperative and Small Employer Charity Pension Flexibility Act would make permanent temporary legislation exempting these groups from the Pension Protection Act of 2006.

Funded status has come roaring back thus far in 2013, standing at 86 percent at the end of May.

The proposed legislation is receiving support from the insurance industry, but consumer advocates and union reps are already voicing concern.