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Despite years of underfunding by state and local governments, most public pension plans are solidly funded and are experiencing a robust recovery from the Great Recession, according to Hank Kim, executive director and counsel of the National Conference on Public Employee Retirement Systems (NCPERS).

Guardian annuities head describes trends and challenges in the market - and how to make the concept of annuities less confusing to clients

Here's a great way to thrill the wife: Tell her you're personally day-trading all of your retirement savings in the stock market. The aggressive strategy has worked. Sometimes.

The nation's largest public pension fund collected a dismal 1 percent annual return on its investments, a figure far short of projections that will likely bring pressure on California's state and local governments to contribute more money, officials said Monday.

The disparate retirement treatment given to GM and Delphi workers was alternatively lauded and disparaged during a politically-charged hearing before the House Tuesday.

Voters in San Diego and San Jose have been reassured that state leaders will not second-guess their recent decisions to curtail retirement benefits in their cities.

As part of Gov. Jerry Brown's wave of cost-cutting changes to the still-embattled state, a legislative panel had considered upping the retirement age, though workers could still retire early and receive less benefits.

A highly anticipated report ordered by Gov. Scott Walker recommended no changes to Wisconsin's $77 billion pension system.