Detroits emergency manager is considering replacing health insurance for retirees under 65 with a $125 stipend to buy coverage from exchanges set up under Obamacare.

Beginning in January, new Honda U.S. employees will no longer be eligible for a defined benefits pension plan. They will be offered 401(k)s instead.

401(k) plans with underperforming investments and high fees may be facing a higher risk of litigation nowadays, thanks to a couple of court cases.

IBM said the benefits of about 110,000 of its retirees would be administered by Extend Health, a private exchange run by Towers Watson & Co., beginning on Jan. 1. Time Warners similar move goes into effect the same day.

The debate is raging from coast to coast, with recent hot spots, Rhode Island, Detroit and California, in the news.

Californias transit workers pensions would be left untouched under a plan submitted by Gov. Jerry Brown to temporarily exempt them from legislative reforms.

The effort comes amid wrangling between Congress and the mail service over how retirement benefits are funded.

A report from State Budget Solutions finds state pensions are funded at 39 percent in aggregate; the states claim a 73 percent rate.