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The state's largest and most poorly underfunded system was put on a path to be 100-percent funded in 22 years. A new series of bills helped drop unfunded liabilities by more than $5.5 billion.

Just weeks after overhauling the state's public pension system, Rhode Island lawmakers plan to consider giving cities and towns the power to revamp municipal pension plans.

Secretary of Labor Hilda L. Solis announced the appointment of five new members to the 2012 Advisory Council on Employee Welfare and Pension Benefit Plans, which also is known as the ERISA Advisory Council.

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...