Sam Gallegos

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  What actually constitutes a pension obligation?

  By Sam Gallegos  |  August 22, 2012

  As state and municipal leaders face the financial repercussions of their pension obligations, many are testing to see if there are ways around those contracts.

• States asked to highlight pension liabilities

  By Sam Gallegos  |  August 17, 2012

  Like fee disclosures, some feel that governments should be required to legally disclose the extent of the funding gap in their flailing pension plans.

• Many federal retirees landing six-figure pensions

  By Sam Gallegos  |  August 15, 2012

  Looking for a lucrative retirement? A long service as a federal employee has left a significant chunk of retirees with six-figure incomes, especially among federal agents.

• Stalled economy, higher taxes predicted

  By Sam Gallegos  |  August 15, 2012

  Advisors polled by the FSI say they would like Mitt Romney to take the upcoming election by a landslide, but realistically predict only a very slim victory.

• States have plenty of room to legally alter pensions

  By Sam Gallegos  |  August 15, 2012

  Boston College researchers say states are well within their rights to amend public employee pension benefits as they see fit, as retirement promises may not be as iron-clad as first thought.

• FSI predicts stalled economy and higher taxes ahead

  By Sam Gallegos  |  August 14, 2012

  Financial advisors polled by the FSI are rallying for Romney, but guessing that he will only beat Obama by a slim margin.

• Illinois workers retiring early to lock in pension benefits

  By Sam Gallegos  |  August 13, 2012

  Illinois is seeing a surge in state employees taking early retirement, hoping to cash in on pension benefits - concerned about long-awaited pension reform.

• CalPERS to get out of the venture capital business

  By Sam Gallegos  |  August 13, 2012

  The California pension system holds more than $2 billion in venture capital assets, but an investment committee may steer the fund in another direction.

• No pain (or gain) for Massachusetts pensioners

  By Sam Gallegos  |  August 13, 2012

  Massachussetts' state pension funds have come out essentially revenue-neutral during the first half of 2012. That's the good news.