Defined Benefits

The EBRI found that between 2005 and 2010 just 27.3 percent of those covered by a DB pension plan chose an annuity vs. taking a lump-sum payout.

Newly released details of the MBTA's pension program show that more than one-third of the transit agency's former employees getting pensions retired before the age of 55 and more than a thousand started collecting pensions in their 40s.

Numerous changes to the retirement industry in the past decade apparently havent had much effect on participation rates among married couples.

Hurdles remain but as employers found with pension obligations, where theres a will, theres a way. And the PPACA may represent the solution they have been seeking, says Aon.

According to BNY Mellon Investment Strategy & Solutions Group, the funded status of U.S. corporate pensions rose 1.6 percentage points to 88.2 percent.

When Detroit became the biggest city in U.S. history to file for bankruptcy last month, it turned public attention to the municipal-bond market, where cities and states go to borrow money. Was this sleepy, often-overlooked area of the financial world actually dangerous?