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The workers union is asking the company to offer incentives for workers to retire early instead of going through a mass layoff.

Two dozen city and county governments in California face a combined $135.7 billion in unfunded pension liabilities, according to a study released Tuesday also found the problem is growing.

Prudential Retirement announced it is in favor of two pieces of legislation that will expand pension coverage for Americans.

Some 40 percent of Americans at or near retirement age (age 55 or older) are still in the labor force, about the same number as it was in 2010.

You need to encourage Americans to save for their retirement, and modifications to the tax code are crucial, suggests ASPPA CEO Brian Graff.

ASPPA CEO Brian Graff lends the organization's support to a congressional resolution calling for stronger federal tax incentives for retirement planning.