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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.

Major tax law changes that would affect retirement plans likely wont take place in 2013, but the retirement community is watching regulators and the U.S. Department of Labor very closely.

Louisiana Gov. Jindal's plan to shift future state workers to a 401(k)-style retirement plan is unconstitutional because it didn't receive enough support from lawmakers, a judge ruled Thursday.

The organization's Council on Employee Welfare and Pension Benefit Plans will receive an update from the Assistant Secretary of Labor.

The Pentagon will begin taking steps to freeze civilian hiring, delay some contract awards and curtail some maintenance to prepare for drastic budget cuts if Congress can't reach an agreement on a final spending plan, Defense Secretary Leon Panetta said Thursday.

Study says government needs to hire statisticians, as archaic forecasting method understates the systems shortfall by two years.

Gov. Deval Patrick said Tuesday he will file legislation that would freeze unemployment insurance rates for Massachusetts businesses and end parts of the state's landmark 2006 health care law that is at odds with the federal Affordable Care Act.

A federal court orders the owners of JJD Industries Group to restore nearly $70,000 in health care premiums and retirement plan contributions to employees at several companies.