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If unionized CT employees don't ratify a labor concession deal in the coming weeks, Gov. Malloy warned there will be massive layoffs, substantially more than the 4,700 he threatened last month.

New Jersey Gov. Chris Christie and the Legislature are inching closer to a deal to change health and pension benefits for public workers across the state.

Proposals to scale back or eliminate retirement savings incentives in 401(k) plans not only endanger the ability of low- and moderate-income workers to enjoy secure retirements but are based on faulty math, according to new research from the American Society of Pension Professionals & Actuaries (ASPPA).

An advocacy group for retired public employees in Washington said Tuesday it is considering legal action to challenge the removal of cost-of-living increases in a state pension plan.

Retiree and public employee groups in Kansas are contemplating a lawsuit against a law enacted this year that would force teachers and government workers to make concessions on their pensions to address the state retirement system's long-term funding problems.

S&P 500 defined pensions remain underfunded by $245 billion, despite slight growth in 2010.

Gov. Sam Brownback signed legislation Wednesday to bolster the long-term health of Kansas' public pension system.

Illinois lawmakers intend to push forward with a plan to cut government pension costs by making employees pay more or accept lower benefits.