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The Milliman 100 Pension Funding Index, which tracks 100 of the nations largest defined benefit pension plans, released a report showing that these plans experienced a $42 billion improvement in funded status in October. The improvement came on the heels of the second-worst financial quarter on record, in which the...

Rhode Island lawmakers are mulling changes big and small to a public pension overhaul proposal after hearing from hundreds of Rhode Islanders during 30 hours of hearings on the legislation.

Pensions improve the quality of Californias public education system and reduce turnover costs, according to a report issued by the National Institute on Retirement Security.

Rhode Island is ground zero for pension reform right now. The state, which has found itself with an unfunded pension liability of between $7 billion and $9 billion, has proposed a hybrid defined benefit/defined contribution plan to reform its retirement system.

How employers are confronting costly employee stresses.

New York's large and expensive public payrolls are starting to decline, pared down by more baby boomers hitting retirement age, special retirement incentives offered last year and renewed pressure to cut spending that are all starting to cut costs for taxpayers.

Defined benefit pensions play a critical role in recruiting and retaining highly productive teachers, according to a study by the National Institute on Retirement Security.

In 10 months in office, Gov. Lincoln Chafee has managed to anger an impressive assortment of constituencies: business leaders and organized labor, medical marijuana advocates and critics of illegal immigration.