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Thee Los Angeles Unified School District, the nations largest outside New York City, owes so much for retiree health care that paying off its debt would cost $17,500 for each student

Rhode Island officials and union leaders said they reached a deal to settle challenges to public pension-overhaul laws aimed at strengthening one of the U.S.s most underfunded retirement programs.

The move will help lower the unfunded pension liabilities in the $8 billion Oklahoma Public Employees Retirement System.

Most of the growth will be in defined contribution plans, although a report from PricewaterhouseCoopers says traditional pension plans will remain viable until mid-century.

When the company made the announcement last week, many people in the industry said they would believe it when they see it. Schwab announced more than two years ago that it would develop an ETF-based 401(k) platform but never rolled one out.

The share of Americans in the labor force, known as the participation rate, is hovering around an almost four-decade low as the population ages and discouraged job seekers give up looking for work.

At the end of the third quarter, recordkeepers reported that 18.3 percent of participants had outstanding loans. Before the Great Recession began in 2008, the rate had been 15.3 percent.

At a time when the nations legislative wheels seem mired in partisanship, the last week of January turned out to be a busy one for retirement plan proposals.