State and local government pensions do not offer the same level of protection as ERISA-regulated corporate pensions. State and local government pensions assure workers and retirees that they enjoy the ...

Employers may provide retirement plans that pay retirees a specified amount, based on the individual's salary and on the number of years of employment. Called defined benefit plans, these pensions may ...

California state government observers have wondered in recent months why the California Public Employees' Retirement System (CalPERS), the nation's largest state pension fund and one of Wall Street's ...

This is an article detailing several jobs that pay pensions.

One of the most common concerns among retirees is running out of money. That’s understandable given the consequences of doing so. Pensions can alleviate a large portion of that risk and its associated ...

Michigan has been able to accomplish what many other state and local governments only dream of: meaningful pension reform. With recent passage of its teacher pension legislation, and Gov. Rick Snyder ...

Forbes contributors publish independent expert analyses and insights. Catherine Brock covers personal finance and investing. The hardest part of investing for retirement is budgeting ample ...

But if she retired Oct. 1 instead of Sept. 1, she would see her pension drop to $1,401 month, for a reduction of $120 a month. That’s 7. 9 percent less than if she had retired a month earlier. She ...

Discover how the pension recalculation date determines lump-sum pension offers and how it's calculated, along with why the timing can affect the total payout.

We’re often told to save more for retirement, but have you stopped to think about how your retirement plans compare to your peers? Putting enough money away for retirement can feel like a push if ...

Over the years, a diminishing number of employers have offered pensions to their workers. Between the early 1990s and the early 2010s, pension plan availability fell roughly by half, from about one in ...