Defined Benefits

Public employees cranked up pressure on lawmakers Wednesday to address Illinois' worst-in-the-nation pension problem, saying they'd be willing to contribute more money toward their retirements and plan to host a pension summit after the new Legislature is sworn in next month.

The daughter of a former Chicago Bears player from the 1950s is accused of illegally collecting money from an NFL pension plan years after her father's death.

Massachusetts Treasurer Steve Grossman has directed the state pension fund to review any investments in gun, ammunition and other companies in response to the killings last week of 20 children and six adults in a Connecticut elementary school.

A judge hearing a challenge by public-sector unions and retirees to Rhode Island's landmark pension system overhaul on Tuesday ordered the parties into federal mediation a little over a week after the state asked her to dismiss the lawsuit.

Yes, it turns out, California's teacher pension fund had hundreds of millions invested indirectly in gun companies. Those investments have changed overnight.

The private equity firm Cerberus will sell off its ownership in a major U.S. firearms company, a nod to complaints from the California teachers' pension system.