Defined Benefits

The Kansas Public Employees Retirement System had a funding ratio of 56.4 percent in 2013, placing it among the worst in the country.

What to do now that Multiemployer Pension Reform Act of 2014, also known as the Kline-Miller Amendment, has passed Congress.

Rather than selling the firm he launched in 1994, Phil Chiricotti has chosen instead to dissolve it.

A new retirement planning tool from the Principal Financial Group is aimed at helping plan participants manage, visualize and plan for their retirement savings goals.

Opponents were already weighing their legal options in response to this weeks passage by Congress of the amendment allowing troubled, multiemployer pension plans to cut retiree benefits.

Its deal with Principal affects 4,500 former NCR employees who began drawing benefits from the company plan before Jan. 1, 1994.