Endowments facing a new tax on investment income could avoid that if they commit more profits to middle-class students, under proposed legislation.
An estimated 115 multiemployer plans covering roughly 1.4 million participants are likely to be insolvent within the next 20 years.
U.S. tax law changes could make LDI investing tougher by crimping issuance of long-duration corporate bonds.
With so many workers failing to save enough — or anything — for retirement, it's time to re-examine the U.S. retirement system.
New Jersey Gov. Phil Murphy issued a conditional veto of a bill that allows the state Police and Firemen's Retirement System to operate independently.
The Colorado General Assembly reached a compromise to pass a pension reform bill on the last day of the legislative session.
Puerto Rico's debt crisis was caused by inadequate financial management and oversight, poor policy decisions and prolonged economic contraction, GAO says.
The Office of Personnel Management submitted proposals to Congress that would have federal employees pay a greater share toward their retirement benefits.
The recent tax overhaul has bid up stock prices but the legislation could also stoke economic growth and corporate earnings.
The Colorado House passed an amended bill designed to improve the funded status of the state pension plan and lower its overall risk.
KKR & Co. announced that effective July 1 it is switching to a corporation from a partnership, a move that will save the firm on its taxes.
Some unions are flexing their financial muscle to make a direct connection between union jobs and infrastructure investments.
California bills, including one that would have allowed new state workers to opt out of CalPERS in favor of a DC plan, failed to pass a Senate committee.
A Franklin Circuit Court judge ruled Wednesday that Kentucky Attorney General Andy Beshear's lawsuit against a recent pension reform law can move forward.
Proposed legislation would create a commission to give Congress suggestions on how to improve private retirement benefits programs.