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New Jersey's pension fund value has grown to $80 billion, and its investments are earning double what managers expected.
President Goodluck Jonathan has assured workers and retirees, especially participants in the Contributory Pension Scheme, CPS, that protection of pension assets for the payment of retirement benefits, as and when due, is paramount to his government.
Retirement fund body EPFO has asked its field staff to take steps for enforcing government's decision of raising wage ceiling to Rs 15,000 to cover the organised sector workers under the social security net.
A conservative political advocacy group behind a ballot initiative to end Phoenix's employee-pension system has announced it will not file a lawsuit to challenge the "biased" ballot language city leaders crafted to describe the measure to voters Phoenix pension-reform group won't sue over ballot A conservative political advocacy group behind a ... (more)
Lawyers representing state retiree groups said Tuesday they aim to use a recent Supreme Court decision on health care benefits in an effort to expedite their case challenging Illinois' pension legislation.
House Republican leaders Sam Smith and Mike Turzai boast that Republican pension legislation would provide budgetary relief to school districts.
Gov. Tom Corbett held a town hall-style meeting in Harborcreek Township on Tuesday on proposed public-sector pension reform with a school board member, superintendents and local property owners.
Gov. Chris Christie's summertime talks with residents in beach communities starting Tuesday come with a theme that has some of his biggest critics riled up anew.
A big concern for many retirees or soon-to-be retirees is, "What if I outlive my money?" If you have some retirement savings, you may be able to cover your needs for a number of years, but what if you live longer than you expected to live? One way to protect yourself from outlasting your savings is to purchase "longevity insurance".
Detroit's bankruptcy plan won broad approval from workers and retirees on Monday as city workers opted to support a deal that includes pension cuts rather than risk far steeper cuts to their retirement income that could follow if the city's proposal were derailed.
Lockheed Martin Corp. is the latest company to announce it is freezing its pension plan - not too long after competitor The Boeing Co.
Lockheed announced earlier this month that it would freeze its pension plan. So how does its 401 stack up by comparison? Photographer: Andrew Harrer/Bloomberg Lockheed Martin Corp. is the latest company to announce it is freezing its pension plan - not too long after competitor The Boeing Co.
People who delay taking their state pension from 2016 will gain less financial benefit than under current rules, the government has proposed.
Retirees will be able to leave more cash to their loved ones when they die after the Government pledged to reduce the death tax on pension pots.
A Wisbech businesswoman has welcomed an older worker champion taken on by the Government to boost over 50s staying in employment.
Investing in private pension funds remains an option in future for CPF members who want to try and grow their savings, said Deputy Prime Minister Tharman Shanmugaratnam on Tuesday.
Kazakhstan has developed a new concept for further modernization of the pension system until 2030, the press service of the Ministry of Labor and Social Welfare told Trend.
Updated: Thu Jul 24, 2014 06:43 am
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