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Pension freedom reforms due in April mean hundreds of thousands of retirees every year will be freed from having to buy an annuity to provide a retirement income.
The sum of pension savings accumulated in the "GNPF" Accumulative Pension Fund of Kazakhstan totaled 4.18 trillion tenge by July 1, 2014, the press office of the Fund reported on the results of the activities in H1 2014.
It's been one of the darkest chapters in CalPERS history, a bribery scandal that prompted a guilty plea from its former chief executive earlier this month.
A campaign to highlight the danger of pension scams that have cost consumers almost A 500million has been re-launched ahead of major reforms of the UK's retirement system that could leave savers vulnerable.
Dignity Health doesn't contend it is a church, but a argued its pension plan is maintained by a tax-exempt entity controlled by or associated with a church or association of churches.
The following story was reported by Capital and Main and published here in collaboration with The Huffington Post.
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.
Updated: Fri Jul 25, 2014 06:40 am
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