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The economic downturn has caused people to ask questions about their jobs and their security. It's also thrown a spotlight onto just who is responsible for retirement planning.

The nation's largest public pension fund lowered its forecast Wednesday for investment returns and asked the state of California, school districts and local governments to increase contributions a move that could siphon more money from basic services.

The budget would have a $120 million state general fund hole if lawmakers don't approve a series of pension changes Jindal wants, and it would grow with the loss of federal matching dollars.

The Massachusetts state legislature passed a bill on Monday that would allow the state treasurer to set up a 401(k) plan for not-for-profit agencies.

South Carolina's House will consider a bill requiring newly hired employees to work an additional two years to collect full retirement benefits, while current employees could still retire after 28 years.

Nearly 2,000 union members demonstrated in Albany on Tuesday to urge lawmakers to block New York Gov. Andrew Cuomo's proposal to cut the taxpayer cost of pensions for future public workers.

When citizens or legislators talk about eliminating public pension plans because of their cost to taxpayers, they fail to understand the $1 trillion impact these plans have on the economy as a whole.

Public employee groups in Kansas have misgivings about a proposal overhauling the state pension system, even though it backs away from starting a 401(k)-style plan for new teachers and government workers.