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.

While it’s always a good idea to start planning for retirement as early in your career as possible, the five years before ...

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

MERGING your pension pots can boost your savings by thousands of euros – but there are seven things you need to consider ...

Michigan has been able to accomplish what many other state and local governments only dream of: meaningful pension reform. With recent passage of its teacher pension legislation, and Gov. Rick Snyder ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. The hardest part of investing for retirement is budgeting ample ...

Unsure how to draw down your super in retirement? Here’s when to take money, how much to withdraw, and how to protect your ...