Defined Benefits

Kentucky lawmakers considering moving the state defined benefits pension system to a defined contribution system have backed off from that plan.

The California Public Employees Retirement System is weighing whether to shorten the amortization period for new pension liabilities from 30 years to 20, which might push some local governments into bankruptcy.

Stunt men and women typically reach age 40 or 50 with years of accumulated injuries that make it increasingly hard to work -- so will their pension plan trustees lower the full retirement age?

Of the 1,700 civil investigations the DOL's workplace benefits regulatory agency EBSA closed last year, 65 percent resulted in cash recoveries or other corrective actions.

The Trump budget requests $9.4 billion for Labor, down from its $12 billion budget for 2017, and federal retirement is affected as well.

A fair number of employers say they plan to use their tax cut savings to enhance employee compensation and benefits, while stock analysts believe the majority will be used for stock buybacks and shareholder dividends.

Pension obligations are a worry as pressure on municipalities and states could intensify in a downturn when local tax revenues decline, says PGIM CEO David Hunt.

NFL players still havent made it to the end zone when it comes to pension funding.