The state doesnt have the ability to absorb the full, unfunded liability.

The beneficiaries accused the defense contractor of subjecting them to excessive management fees.

President Barack Obamas signature health care overhaul has illegally forced Ohio and its local governments to pay more than $5.3 million in taxes, the state said in a new lawsuit seeking to chip away at the law.

Lockheed is fighting claims its mismanagement of retirement benefit plans left workers with worse returns on company stock than investors who bought it on the open market.

Eight years after the lawsuit was filed, Lockheed will face off against the plaintiffs at a nonjury trial set to start today in federal court in East St. Louis, Illinois.

Illinois legislative fix for its $111 billion pension funding shortfall violates the states constitution, a judge ruled today in striking down the 2013 measure.

U.S. District Judge Ronald White finds subsidies illegally punish states that didnt establish health care exchanges.

Indiana can challenge an Internal Revenue Service rule making people who sign up for health care coverage under the Affordable Care Act through federal government-created insurance exchanges eligible for a tax credit.