Defined Benefits

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.

A potential $140 million surplus in state reimbursements for Pennsylvania's school district pension costs should be plowed back into the pension system to help cover the mushrooming taxpayer share of the costs, Democratic leaders in the Pennsylvania Senate said Monday.

A low-interest-rate environment is wreaking havoc with corporate defined benefit plans, according to a new study from Wilshire Consulting.

President Barack Obamas new plan to raise Medicare premiums for upper-income seniors would create five new income brackets to squeeze more revenue for the government from the top tiers of retirees.

A concurrent resolution introduced in the U.S. Senate and House this week supports the current tax incentives for retirement savings.

Washington retirement officials are examining a batch of pay raises that helped some government workers increase the values of their pensions.

President Barack Obama's 2014 budget includes a key change in the way the government measures inflation. If adopted, the chained Consumer Price Index would have far-reaching effects.

Companies considering a cash-out of their pension plans should not only define the goals and objectives of the program, but also think about any potential pitfalls that could arise and interfere with the success of the program.