Pension plans are vital safety nets, functioning as long-term saving schemes funded by both employees and employers. They aim to provide financial security to retirees, who often rely on them as their ...

"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 ...

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 ...

Times Watchdog stories dig deep to hold power accountable, right wrongs and create change. This work is made possible by The Seattle Times Investigative Journalism Fund. Donate today to support ...

Some jobs become increasingly taxing as one ages. Airline pilots and air traffic controllers, for example, are subject to mandatory retirement ages. While not subject to mandatory retirement ages, ...

Those of us who saved hard risk seeing the rug pulled from under us, being left financially vulnerable. We don't have the ...

At the Shady Lane Apartments in the suburbs east of San Diego the carpet could be worn, the appliances old. But with some of the cheaper rents around, the complex was a relatively affordable home for ...

San Diego faces fiscal instability, with public pension costs worsening the city’s already-challenging financial outlook. After years of steady financial recovery, the city expects a $170 million ...

This is a guest post by Gregory Mennis, director of state public-sector retirement systems for The Pew Charitable Trusts. It is a response to “Late to the public pension game, opens new tab,” from ...

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.