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A bill scheduled for consideration today in the Government Operations Subcommittee of the Florida House of Representatives would weaken a healthy retirement system, raise taxpayer costs and force more Floridians to rely on social services, according to opponents.

Gov. Tom Corbett laid out a strategy Tuesday for reining in pension costs for Pennsylvania state and school employees that would reduce future benefits for current workers and require new hires to participate in a defined-contribution plan.

Apparently trying an end-run around an unaccommodating Congress, the financially struggling U.S. Postal Service says it will stop delivering mail on Saturdays but continue to disburse packages six days a week.

The board that oversees Wisconsin's pension program for public employees has rejected a request by the head of Gov. Scott Walker's semi-private economic development agency to tap $200 million from the fund to invest in risky startup businesses.

Veterans' groups told lawmakers Thursday that Nebraska's tax on military retirement pay is driving people out of the state.

Economists say the U.S. island territory is a time bomb with a $37.3 billion unfunded liability, four times Puerto Rico's annual government budget.

Global pension fund assets hit a record high in 2012, climbing 10 percent to a grand total of $16.9 billion, according to Towers Watson tracking.

MetLife Inc. plans to pay about $2 billion to buy the largest private pension fund administrator in Chile, as the insurer and annuity provider seeks to build its presence in emerging markets.