Defined Benefits

The husband of a sister of Sec. of Transportation Elaine Chao might lead the PBGC, the agency that pays worker pensions when the plans go bust.

When it comes to 401(k) litigation, we are in a world where every action can be put under the microscope.

MetLife enters jumbo buyout market with FedEx's major annuity pension risk-transfer deal.

True, Wisconsin government employees and retirees are more exposed to investment risks than participants in traditional defined-benefit pensions.

Illinois has actually made the pension problem worse since its highest court's ruling in 2015.

Poor investment returns accounted for a major part of the pension funding gap.