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Public sector employees prefer defined benefit pensions over 401(k)-type defined contribution individual accounts, according to a study released today by the National Institute on Retirement Security and Milliman Inc.

Factory workers at General Motors have overwhelmingly approved a new four-year contract with the company that includes profit-sharing instead of raises for most workers and promises thousands of new jobs.

I get tired of reiterating studies on the shortfall between pre-retirement preparedness and post-retirement reality. But that doesnt mean workers should ignore the message; it just means they should filter the noise.

A group that represents more than 100 of the largest corporate pension plans, with more than $1.3 trillion in plan assets, has found a new executive director.

State insurance regulators are wrestling with questions about whether the benefits insurance company employers have offered employees are promises or heartfelt wishes.

Some Rhode Island lawmakers predicted Wednesday that plans to overhaul the public retirement system will set off long, expensive legal battles with public worker unions.

Retirement programs private and public are being hustled to achieve better results, both for bottom lines and for retirees.

The National Tax Sheltered Accounts Association (NTSAA) and the American Society of Pension Professionals & Actuaries (ASPPA) want to make it easier for 403(b) participants to compare retirement plan options.