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

The Governmental Accounting Standards Board has approved two new standards that should improve the accounting and financial reporting of public employee pensions by state and local governments.

The California Public Employees' Retirement System has become a one-third owner in Bentall Kennedy, one of North America's largest real estate investment advisors.

Wisconsin Gov. Scott Walker said Monday that he would be willing to consider changes in the state's $77 billion pension system, with a report on expected to be released this week on how the system could be improved.

The National Public Pension Coalition, an organization representing millions of teachers, nurses, police, firefighters and other public sector employees released a statement this week on a recent Pew Research Center report.

Is it right to change the world with other people's money. In the case of New York City's Comptroller, some fiduciary questions arise.

Recession-plagued states diverted scarce money away from pensions to pay for more immediate concerns, leaving a $757 billion hole in the retirement funds covering millions of public employees, according to a study released this week.

The cost of pensions and retiree health benefits are soaring at the University of California, increasing pressure to raise tuition and cut academic programs at one of the nation's leading public college systems.