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 ...

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 ...

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 ...

Retirees often focus on the risk of spending too much in retirement. But spending too little poses another kind of danger.

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. A pension shortfall is a situation where a company offering employees a defined benefit (DB) ...

People who have children later in life may need to reconsider when they can afford to retire, according to financial experts cited by The Sun. The pressure comes from timing. Child-related costs may ...