The generosity of pensions provided to public-sector workers has come under increased scrutiny as states and local governments search for ways to close their budget deficits. The intense and ongoing ...

Employers may provide retirement plans that pay retirees a specified amount, based on the individual's salary and on the number of years of employment. Called defined benefit plans, these pensions may ...

State and local government pensions do not offer the same level of protection as ERISA-regulated corporate pensions. State and local government pensions assure workers and retirees that they enjoy the ...

California state government observers have wondered in recent months why the California Public Employees' Retirement System (CalPERS), the nation's largest state pension fund and one of Wall Street's ...

Voters in San Diego, San Jose and Wisconsin made it clear last week that they no longer will tolerate the expense of public employee pensions that are straining local and state government budgets.

We’re all told to save into a pension, but there’s widespread confusion about how to take an income from our savings and ...

Although not his intent, John Micek ("The Sunday Brunch," July 27) nicely highlights news reports on other states that illustrate why Pennsylvania should not switch to a 401(k)-style public retirement ...

A pension is a workplace benefit that pays qualified retirees a lifetime income. Very few private employers offer pensions nowadays, and most have shifted to defined contribution plans such as 401(k) ...

From changes to salary sacrifice rules to a review that could give rise to mega funds, it's been a busy year for the pensions ...