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States, according to a budget reform group, are often guilty of exacerbating the high discount rate problem by not making the necessary annual contributions to the(ir) pension funds.

Republicans emerged with firm majorities in both chambers of Congress after the midterms, meaning Hatch's proposed legislation could gain traction next year.

State Street is responding to subpoenas from the Department of Justice and the Securities and Exchange Commission for information, the Boston-based firm disclosed today in a regulatory filing.

The funded status in October of the average U.S. corporate pension plan fell to 89.5 percent.

With Republicans taking control of the Senate in January, Utahs Orrin Hatch is expected to become chairman of the Finance Committee, the powerful arm that oversees retirement policy in the Senate.

The difference in projecting liabilities between the assumed-return and bond-based approach can be huge.

The Center for Retirement Research at Boston College challenges some of the assumptions it finds in the proposed SAFE Act.

Stocktons bankruptcy pitted public-pension advocates against investors, who stood to recover a fraction of what theyre owed for their bonds.