Legal

A round-up of the week's employee benefits news, reports and controversy from around the web

Fitch Ratings on Thursday revised its ratings outlook on Principal Financial Group Inc. and its subsidiaries to "stable" from "negative," citing improvement in the financial services company's investment position.

New Jersey Gov. Chris Christie and the Legislature are inching closer to a deal to change health and pension benefits for public workers across the state.

Whether its shady politics or just bad math, proposals to curb retirement plan tax incentives are not only detrimental for low-income savers, they're based on inflated calculations, experts said this week.

Sen. John Boozman said Tuesday that a controversial Republican plan to turn Medicare into a voucher-like program for future beneficiaries is helping start the discussion on how to address the popular program's rising costs.

An advocacy group for retired public employees in Washington said Tuesday it is considering legal action to challenge the removal of cost-of-living increases in a state pension plan.