Investment Instruments

The New York pension fund has reported a negative 1 percent return on investment, with the overall fund value dropping to $146.5 billion.

The program's benefits could be preserved for generations to come with modest but politically difficult changes to benefits or taxes, or a combination of both.

Meredith Whitney's prediction of a disaster in the muni market hasn't quite happened, but there's still plenty of investment danger in low-quality, high-yield bonds.

New Mexico's pension fund for educators has posted modest investment gains in the past year, reflecting continued volatility in the financial markets.

Investors are increasingly cost conscious and providers of target-date mutual funds are responding. They're rolling out a greater number of low-cost options. These inexpensive funds come in two main varieties: those that rely on index funds and others with ETFs added in.

Illinois is seeing a surge in state employees taking early retirement, hoping to cash in on pension benefits - concerned about long-awaited pension reform.