The National Coordinating Committee for Multiemployer Plans says the amendment gives multiemployer pension plans the tools they need to head off insolvency and preserve retiree benefits for decades to come.

The pension reform amendment would help the Pension Benefit Guaranty Corp. remain solvent by letting ailing multiemployer pension plans cut retiree benefits.

Congress will vote Thursday on a $1.1 trillion spending plan that includes a provision to help out the Pension Benefit Guaranty Corp. Opponents say it'll hurt retirees.

Principal Financial Group has found that 46 percent of U.S. workers say they are financially healthy.

The fiduciaries of a multiemployer retirement plan will have to make $4.7 million in restitution and interest payments after a federal judge in New Jersey ruled that the funds were improperly diverted.

Americans appear less concerned about personal finances even those relating to their retirement this coming year than they are about their personal figures (as in their bodies).

A proposal that could lead to cuts in pension benefits for retirees in financially troubled multiemployer plans drew fire from worker advocates and unions.