Defined Benefits

Funding ratios increased to 88 percent in June, up 14 percent since year-end 2012, according to a report from Mercer.

States are moving away from defined benefit plans and to defined contribution plans for their new hires.

The time has come, IRI says, to separate the generation into early and late boomers.

The U.S. Pension Fund Fitness Tracker rose six percentage points to 88 percent during the second quarter.

Moodys has downgraded a number of states for various practices, such as taking pension holidays and deliberately ignoring required contributions.

Illinois taxpayers will pony up at least $130 million extra in interest payments for a bond sale this week due to lowered credit ratings because lawmakers have failed to solve the state's $97 billion pension crisis.