Legal

Lawyers representing Fairfield, Conn., asked the state's Appellate Court on Thursday to reverse a lower court ruling that the town cannot make claims for losses due to disgraced financier Bernard Madoff's fraud.

Since 2000, senior citizens have lost almost one-third of their buying power.

Key lawmakers are considering reductions in support for federal workers' pensions as they search for cuts that can clear the way for an increase in the national debt limit.

Trustees of the Kansas Public Employees Retirement System are postponing an important decision until at least July.

U.S. Treasury Secretary Timothy Geithner, as expected, backed President Barack Obama’s budget plan on Tuesday, saying the government must resolve its debt ceiling crisis well before Aug. 2 and bring its deficits down “gradually but dramatically” over the next three to five years.

Union leaders and members of Gov. Dannel P. Malloy's administration voiced optimism that state employees will eventually ratify a labor savings deal, now that the details have been released.

The U.S. Supreme Court has significantly narrowed the grounds an employee can use to sue for additional pension benefits based on errors in a plan’s summary plan description (SPD).

CA Gov. Jerry Brown signed legislation to enact labor contracts for more than 50,000 state workers that are expected to save more than $300 million a year.