Search Results

Work on pension legislation in the Kansas Legislature stalled Tuesday when House members pressed for a vote in the Senate on creating a 401(k)-style retirement plan for teachers and government workers instead of studying the idea.

Kansas legislators won't approve a bill addressing the state pension system's funding problems until the House and Senate agree on whether the state should commit to starting a 401(k)-style retirement plan.

According to new data from the U.S. Census Bureau, the nation's state retirement systems lost $641.3 billion (24 percent) from 2008 to 2009.

A sweeping plan to cut business taxes, end or restrict tax exemptions for some retirement income and make other significant tax changes cleared a preliminary hurdle Wednesday with Michigan lawmakers.

Like the Wild West, the ETF world sees innovation and peril around every corner. Do these investment products represent the next evolution or are they destined to expose the disheartening dangers of introducing behavioral consumerism to complex decision making. After all, doing a bad thing faster only hastens the onset...

A former public official accused of orchestrating a scam that nearly bankrupted a working-class Los Angeles suburb set up a secret pension fund containing $4.5 million to skirt retirement limits for California public employees, according to a newspaper report Monday.

The gap between the promises states have made for public employees' retirement benefits and the money they have set aside grew to at least $1.26 trillion in fiscal year 2009.

End-of-2010 data shows public pension plan assets have surged to a two-year high