Defined Benefits

Massachusetts Treasurer Steve Grossman has directed the state pension fund to review any investments in gun, ammunition and other companies in response to the killings last week of 20 children and six adults in a Connecticut elementary school.

A judge hearing a challenge by public-sector unions and retirees to Rhode Island's landmark pension system overhaul on Tuesday ordered the parties into federal mediation a little over a week after the state asked her to dismiss the lawsuit.

Yes, it turns out, California's teacher pension fund had hundreds of millions invested indirectly in gun companies. Those investments have changed overnight.

The private equity firm Cerberus will sell off its ownership in a major U.S. firearms company, a nod to complaints from the California teachers' pension system.

As great as it would be to accrue all of your sick time up until the day you retire, then get it in a lump sum, there appear to be some financial problems associated with this.

Illinois Gov. Pat Quinn is continuing his slightly bizarre video campaign aimed at exciting residents about pension reform, as the state faces credit downgrades for continued dithering.

Portions of New York's $128 billion public pension fund will be invested in housing, transportation and utility work to help prevent damages from any future storm.

New Jersey faces a series of increasingly urgent budget pressures, including keeping pension and health insurance promises to retirees, funding health care for the poor and repairing aging roads and bridges, said three independent experts who published a report examining the state's financial condition Thursday.