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California's Senate on Wednesday passed a bill that would create a guaranteed, government-run retirement savings program catering to private-sector workers of modest means.

A judge has ruled that New Jersey can withhold cost-of-living adjustments for retired public employees who collect state pensions.

The measure would reduce annual cost-of-living increases for public employees and also gradually makes schools pay the cost of retirement benefits for their employees.

A plan requiring school employees to pay more toward their pensions but not force new teachers into a 401(k)-style system was approved Thursday.

Gov. Jindal's proposal to hike the amount rank-and-file state workers pay for retirement may cost the state more than it benefits.

Towers Watson research indicates companies are still committed to retaining DB benefits for new employees, as a recruitment and retention tool.

The state of Connecticut has required a private security company hired to protect several office buildings to provide some guards back pay after a review showed the firm breached its contract with the state by underpaying the workers.

Pennsylvania's approach to a looming spike in pension obligations for state and public school employees should include a discussion of reducing the cost of current workers' future benefits, even if it means challenging state constitutional law that has traditionally protected such benefits, a top state lawmaker said Monday.