Many Americans Were on Shaky Financial Ground When Virus Hit
This is underscored by a new report from the Federal Reserve, which also highlights how job losses during the coronavirus outbreak have been severe for lower earners.
Virus Downturn Will Further Strain Troubled Public Pension Funds
New research warns that the nation’s worst-off retirement plans for state and local government workers “face the risk of running out of assets in the foreseeable future" if there's a slow recovery.
What the Coronavirus Stock Meltdown Could Mean for Pensions
It’s not looking good, but don’t panic just yet.
An Option for States and Localities Seeking to Save on Retiree Health Care Costs
A group highlights why shifting to individual Medicare marketplaces can make sense in some cases, and offers some tips on how to head in that direction.
Turning Gray and Into the Red: The True Cost of Growing Old in America
COMMENTARY | Too many people enter retirement without financial security.
Boomer and Millennial Public Workers Agree Pensions are a Plus
No matter their age, most state and local government employees in a recent survey said retirement benefits are a big factor in why they stay at their jobs.
College Towns Ranked Among Best Locations for Retired Life
Seniors may benefit from low cost of living in college towns as well as the cultural amenities and healthcare options related to universities, according to a new report.
Best State for Retirement? The Answer Isn’t Necessarily Florida
A new ranking did give the retirement mecca a nod, but also flagged some more surprising states.
When Millions Can’t Afford to Retire, the U.S. Needs a Better Option
COMMENTARY | When tens of millions of people all have the same problem, it’s not a failure of individual initiative.
Discrimination and Other Obstacles Older Workers Face Highlighted in New Survey
The findings come as more Americans are working longer into old age.
Mayors Score Win in Lawsuit Over Troubled Retirement Plan Endorsement Deal
The U.S. Conference of Mayors has been locked in a court dispute for several years over the soured arrangement.
As Congress Mulls Retirement Savings Shortfalls, New State Programs Get Attention
Initiatives in Oregon and other states are targeting people without employer-sponsored retirement plans.
Pensions Have Shifted To Riskier Investments, Ratings Agency Finds
But the new report says that this trend isn’t necessarily producing stronger returns.
The Case For Helping Local Government Employees Better Manage Their Finances
“It’s not just the right thing for employers to do,” says the co-author of a new report. “It also makes good business sense.”
Retiree Health Care Liabilities Keep Stacking Up For States
Newly issued data show the financial challenge posed by "other post-employment benefits."
The Promise and Peril of Borrowing Money to Manage Pension Costs
Chicago Mayor Rahm Emanuel last week proposed issuing bonds to improve the city’s pension funding levels. Is that a good idea?
The Reason Why Kentucky’s Pension Reform Law Was Struck Down
Gov. Matt Bevin, who championed the legislation, called Thursday’s state Supreme Court ruling “an unprecedented power grab by activists judges.”
When Rehiring Retired Public Workers, Guidelines Can Be Key
New research takes a look at post-retirement employment policies in states across the U.S.
In Less Than 10 Years, America Will Have 17 ‘Superaged’ States
Currently, none are in that demographic category.
A Growing Gap Between Healthier and Worse Off Pension Plans
New research offers a dim assessment of some of the most poorly funded state and local public retirement systems.
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