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Kentucky lawmakers considering moving the state defined benefits pension system to a defined contribution system have backed off from that plan.

Pension obligations are a worry as pressure on municipalities and states could intensify in a downturn when local tax revenues decline, says PGIM CEO David Hunt.

Workers with pensions might not want to put all their eggs in that defined benefit basket, a report says.

Economist Andrew Biggs responds to the GAO rebuttal of his criticism of its retirement report, saying the GAO report is based on incomplete data that fails to stand up to scrutiny.

Many members of underfunded public pensions dont know how far short their pensions are falling and at how much risk that puts them.

Public pension plans that are locally administered are catching up to state plans in funding levels, the Center for Retirement Research finds.

The bill that would channel billions of dollars to struggling multiemployer pension plans has now gained the support of a Republican representative.

The GAO says it stands by its reports on the potential retirement security of near retirees and on the status of the nations retirement system.