Cutting the generous pensions received by doctors, teachers and civil servants is becoming a go-to suggestion from ...

National funded ratio to reach 82.5% in 2025, but $1.27 trillion in unfunded liabilities remain ...

One of the arguments to explain the perceived underperformance of investments by public pension systems is that they don’t pay their professional staff enough to compete with the private sector. Too ...

New research finds U.S. public pension plans have shifted to more diverse investment portfolios, which enabled these funds to grow, deliver reliable benefits, and withstand market turmoil during and ...

"In just two years, our investment returns have helped CalPERS increase the funded status to nearly 80% and rebound from the economic effects of the pandemic," CEO Marcie Frost said. Record-high ...

The job market in the United States has been drum tight since the onset of the Covid-19 pandemic. Despite a sharp rise in unemployment during the initial pandemic shutdown, the labor market has ...

Interplay Between Pension Plans and Inflation Pension plans are vital safety nets, functioning as long-term saving schemes funded by both employees and employers. They aim to provide financial ...

Public safety pensions have a unique and noticeable impact on the city of Peoria's budget. Many of the highest-paid city employees are police officers and firefighters earning more than 100,000 ...

Bermuda’s public service pension funds will run out of money in 2045, meaning that today’s public servants — and some pensioners — will have no pension in two decades’ time unless something changes.