Lansing — Forty-one former Michigan lawmakers or their surviving spouses are receiving more than $100,000 annually, decades after leaving office, thanks to pensions attached to their service in the ...
A hotly debated series of changes to New York state's Tier 6 pension system was nearing the finish line as part of a larger state budget bill being passed by lawmakers on Tuesday, May 26. Many public ...
Indiana is supposed to invest public employee retirement funds with just one goal in mind: profit. Poor administration and regulatory carveouts have ensured that is not the case. A state law is ...
An independent investigation into the nation’s largest public pension, the California Public Employees’ Retirement System, concluded that its 2.4 million members are imperiled by secrecy, chronic ...
Ohio's five public pension systems collectively made more than $26 billion on investments in 2025, according to preliminary data. The robust returns boosted the combined holdings to $284.3 billion.
The Alaska Senate passed a bill Tuesday that would once again offer state and local government employees a pension. The House was concurred with the Senate's changes Wednesday, sending the measure to ...
The California Public Employees’ Retirement System, or CalPERS, headquarters buildings in downtown Sacramento are photographed on Sept. 16, 2021. Xavier Mascareñas Sacramento Bee file The cost of ...
A bill that would reinstate a pension system for state and local government employees in Alaska is on the verge of a state Senate vote, which would bring it closer than ever to Gov. Mike Dunleavy’s ...
When Bethany Hamilton began her teaching career in New York 14 years ago, she wasn't really thinking about retirement, despite all the state pension system changes that were unfolding at the time.
The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the ...
The U.S. Postal Service is suspending its contributions to the Federal Employees Retirement System, a pension plan for its workers and other civil servants, as the agency struggles with mounting ...
Gov. Kathy Hochul supports Tier 6 pension reforms for New York public workers, but some lawmakers warn the changes could strain budgets. Gov. Kathy Hochul has said she supports changes to New York's ...