Defined Benefits

The U.S. Pension Fund Fitness Tracker rose six percentage points to 88 percent during the second quarter.

Moodys has downgraded a number of states for various practices, such as taking pension holidays and deliberately ignoring required contributions.

Illinois taxpayers will pony up at least $130 million extra in interest payments for a bond sale this week due to lowered credit ratings because lawmakers have failed to solve the state's $97 billion pension crisis.

Chairman and CEO John Hammergren payout is many times larger the average benefit paid to CEOs in the S&P 500.

The group hopes regulators will give it until early August to respond to an "extremely complex process."

Members of the military are increasingly worried about how they are going to make ends meet in retirement.