Defined Benefits

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.

A House bill would protect federal, postal and military retirees from predatory lenders who target retirees pensions.

Detroit City Council has rejected plans for a $350 million loan to help the cash-strapped city pay off some of its massive pension debt.