Pension News

Thirteen thousand patient-care technical workers plan a two-day strike of the five UC Medical Centers – Davis, Los Angeles, San Francisco, Irvine and San Diego – starting Tuesday.

An Illinois agency manager might have to delay retirement. A former university secretary wonders if she'll have to cancel vacations.

Like all successful financial scams, 'pension liberation' schemes seem attractive, giving you access to retirement funds before 55, the usual age at which they can be turned into income for life.

I would think every taxpayer who doesn't work for the government would be outraged over the obscene $95,640 per year pension the ex-Carpentersville fire chief who retired under a cloud of suspicion is receiving.

Oh good grief, I thought, when I read the research on retirement and health - it's a conspiracy! How clever of a government that's so strapped for cash to find a way of sweetening the pill of an ever-rising retirement age .

Public pension plans in Michigan - hammered by stock market declines in the poor economy and mismanagement in some cases - are now seeing their investment portfolios growing at the best rate in years.

That trend line once again has legislators contemplating more cuts to social services and education despite a major state income tax increase in 2011.

Gov. Chris Christie has warned potential investors there is no guarantee the state will make its required pension payments in future years, an admission that underscores a looming financial crisis he and future governors face as retirement costs are expected to explode before the decade ends.

Emergency Manager Kevyn Orr may place more safeguards to ensure Detroit's pension trustees are spending money wisely in the wake of a scheduled trip by some trustees to a conference in Hawaii.

Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank's opponents from polling information.

Two pension funds separately won record-high support for shareholder social proposals at any company.

Florida House Republicans tried to close the state's pension system to new employees this year, saying it's a ticking time bomb that could cripple the state's budget for years to come.

Q: I am facing a difficult retirement funding decision. I am a 52-year-old municipal employee.

Months of controversy over pension board members' plan to attend a Hawaii conference have resulted in calls for more oversight of the state's pension funds.

Tension is growing in Bolivia as miners, teachers, health service workers and public university staff -all affiliated to the Central Workers Union - are on strike demanding an increase in their retirement pension scheme.

Did we see you at the North Beaches Art Walk last night? Check out The Eye. t.co/IT4bPnWJLH Retweet this "I remember thinking, 'wow, you're ridiculously good looking.'" Authorities thought this about these guys.

Luzerne County Controller Walter L. Griffith Jr. was arraigned today on charges he illegally recorded three conversations without consent from numerous people.

Four million public sector workers will see a dramatic reduction in the value of their pension schemes, according to a new report.

Four trustees of Detroit's two public pension funds are heading to a Hawaiian beach resort this weekend with their $22,000 tab paid for by the funds, which are mired in claims of mismanagement.

For workers, the days of having several options in which to save for retirement other than just NSSF are drawing closer.