A 403(b) program was authorized by the General Assembly in 2012 and approved last week by a board of trustees for retirement plans.

About 69 percent said they smoked two to four years before they retired. But just 56 percent said they were still smoking two to four years after they retired.

The move affects everyone from teachers to parish workers, Catholic Charities employees and others who work in the diocese.

Given the increasing shortcomings of traditional retirement plans such as 401(k)s and IRAs, as well as the growing pressures on the future of Social Security, more Americans will have to bolster their savings with additional sources of income.

Dr. Thaler's work - particularly his work on automatic deferral rate escalation - identified a solution to help people act on their intention to save more.

The Federal Reserve's moves to taper its bond-buying stimulus program could be problematic for workers, says AFL-CIO president Richard Trumka.

There could be a brutal correction across financial markets, says billionaire hedge fund manager Seth Klarman, founder of the Baupost Group.

OPM processed some 18,500 applications in January and February, the traditional peak months for new cases, compared to 27,900 during the same period last year.