Defined Benefits

The average amount of money devoted to funding public pension plans equaled 7.9 percent of revenue generated by cities, a survey of 173 municipalities has found.

A judge holding a rare trial about Detroit's bankruptcy case could hear testimony from Police Chief James Craig before breaking for the weekend.

Some of the largest pension funds in the U.S. and the world are worried that major fossil fuel companies may not be as profitable in the future because of efforts to limit climate change, and they want details on how the firms will manage a long-term shift to cleaner energy...

The Pension Benefit Guaranty Corp. has added a new position: participant and plan sponsor advocate.

Private equity returns to large public pension funds have outperformed all other asset classes during the past 10 years.

Workers today are more likely to receive retirement income from private-sector retirement plans than they were before the passage of ERISA in 1974, according to a report by the Investment Company Institute.