Search Results

A commission is recommending a three-year freeze on the 3 percent cost-of-living adjustments paid to Mississippi government retirees.

California's public employee pension plans face long-term shortfalls as high as $500 billion as costs skyrocket each day, a Stanford University-based economic think tank said Tuesday in a report that critics assailed as relying on faulty data to support the group's political agenda.

A Democratic legislator serving on a commission studying Kansas' pension system questioned Wednesday whether Republican Gov. Sam Brownback has been improperly involved in its deliberations just before it recommended starting a 401(k)-style retirement plan for new public employees.

Republicans who control the Michigan Legislature on Wednesday continued efforts to save money on retiree benefit costs related to state employees.

The number of labor force participants over age 65 has increased about 22 percent in the past three years. Many individuals who thought they would be able to retire when they reached age 65 are reconsidering because of the economic downturn and lack of savings. So they just keep on...

Facing another budget deficit and the prospect of deep cuts to education, Gov. Jerry Brown plans to file a ballot initiative as early as Friday that asks voters to increase taxes on the wealthy and raise the sales tax by half a cent.

What every small business owner should be doing or thinking about before the new year.

As we approach the end of the year, I'd like to take time to reflect on a few pieces of legislation introduced in 2011 that have potential to improve or encourage retirement planning, but may not live to see the light of day. Plus, some quirky bills that havent got...