Legal

California Gov. Jerry Brown signed legislation that will create the nation's first state-administered retirement savings program for private-sector workers.

A Texas public safety retirement fund generated an 11 percent return over a decade, though local leaders say they still can't content with future costs.

The PBGC will provide pension benefits to 1,300-plus current and future retirees of Topeka, Kan.-based Menninger Foundation, following its breakup.

Public employees' and teachers' unions in Ohio will be some of the biggest individual recipients of proceeds from the Bank of America settlement.

The post office will hit a new low in cash next month but can avert immediate bankruptcy due to a series of retirement incentives, which saved $2 billion last year.

Pension plan managers say that pension funds play an important role as lead plaintiffs in securities actions, and hope the settlement recoups major losses.