Defined Benefits

A new poll find that President Barack Obama's re-election glow is gone. Congress' reputation remains dismal. And only about one in five Americans say they trust the government to do what's right most of the time.

The Mercer US Pension Buyout Index for March showed retiree buyout costs accounted for 110 percent of the accounting liability.

The U.S. could learn a few things about retirement savings from Australia.

The California Public Employees Retirement System (CalPERS) Pension & Health Benefits Committee approved new actuarial policies this week aimed at returning the system to fully funded status within 30 years.

After getting bludgeoned in the financial crisis, Morgan Stanley is staking its future on the steadier, if less spectacular, business of wealth management.

Speculation about the solvency of Social Security has become a national pastime of sorts, but whether that day arrives or not, workers still need to understand there are ways to maximize their Social Security benefits.