Retirement

A Senate panel on Wednesday recommended an additional $9 million of spending by the commission that oversees South Carolina's $25 billion investment fund for public workers' pensions, saying more employees and better technology should boost returns.

Tornado, hurricane or flood, nursing homes are woefully unprepared to protect frail residents in a natural disaster, government investigators say.

Goldman Sachs CEO Lloyd Blankfein received total compensation of $16.1 million in 2011, a 14 percent increase from the year before.

An agreement has been reached between striking Vermont teachers and school administrators in the Rutland Southwest Supervisory Union, bringing a six-day strike to a close.

Hundreds of active and retired teachers and other school employees crowded into a Senate hearing Wednesday to voice concerns that proposed changes to their retirement benefits would unfairly push more costs onto them and even drive some out of education.

The South Dakota Legislature acted legally when it trimmed the annual cost-of-living increase for retirees in the state's public pension plan during the recent economic crisis, a state judge ruled Wednesday.