Defined Benefits

The stabilization in pension-funding gaps marks an encouraging sign for states and municipalities, potentially providing officials with more breathing room to allocate budgetary resources toward services and infrastructure as well as retiree benefits.

Retirement savings and Social Security benefits arent providing enough for them to get by in are you ready for this? 49 out of the 50 states.

Data reported by states might not even tell the full story. An SEC commissioner said this year that trillions in unfunded liabilities are being hidden.

California cities may turn to bankruptcy courts to ease pension obligations after a judge ruled the California Public Employees Retirement System doesnt deserve special protection.

New Jersey now has a $90 billion unfunded liability for retirement and health obligations.

The San Francisco Employees Retirement System board will consider whether to add hedge funds to its asset allocation.