Defined Benefits

The fund's $9.5 billion portfolio includes about $146,000 invested in Sturm Ruger & Co. and Smith & Wesson Holding Corp.

The decision to annuitize your defined benefit plan or opt for a lump-sum payment hinges on the rules of your specific plan, a new study found.

According to the Arizona Republic, a new proposal to substitute a 401(k)-style plan for professional politicians and judges might save the public hundreds of millions of dollars.

Los Angeles Mayor Antonio Villaraigosa is asking several city pension programs to end their investments in corporations that manufacture firearms, ammunition or high-capacity ammunition magazines.

BlackRock's fourth-quarter net income climbed 24 percent as the value of the assets it managed for its clients grew and performance fees increased. Its performance topped analysts' estimates.

The council on Wednesday passed a one-year freeze in pension benefits that will save $25 million. It means that employees won't earn pension credits for 12 months beginning Feb. 1.