Search Results

Chicago Mayor Rahm Emanuel brought his clout and high profile to the public pension debate Tuesday by advocating money-saving changes to city retirement plans and importantly for Gov. Pat Quinn shining a light on similar troubles at the state level.

The Ohio Senate fast-tracked legislation on Tuesday aimed at shoring up four of Ohio's five public pension funds, with both political parties supporting passage of the changes as early as next week.

Despite a significant increase in the amount of money being put into state retirement coffers, Massachusetts still faces a huge shortfall in plan funding, according to the Boston Herald.

Uncertain workers may need help from 401(k) plan sponsors to achieve a guaranteed income stream, BlackRock study says.

Jindal's push to make thousands of state workers pay more and wait longer for their retirement benefits is planned for an overhaul by senators.

Gov. Bobby Jindal's push to create a new retirement plan for future rank-and-file state workers narrowly received the support of the Louisiana House.

The proposal would have asked voters to authorize the Legislature to halt enrollment in the public pension system for elected officials and judges and create a new defined-contribution plan for new enrollees.

An examination shows employees receiving benefits without paying into the system, including missing reimbursements for overpayments.