Retirement Trends

Deferred income annuities really came into their own in 2012, reaching nearly $1 billion in sales.

More employers are offering retirement plans and a higher percentage of workers are participating.

New York state Comptroller Thomas DiNapoli has unexpectedly lowered the employer contributions to the pension system made by governments, school districts and their taxpayers, which have all been slammed by years of pension cost increases.

A handful of deals helped nudge the stock market up in early trading Monday, despite a disappointing report on the economy.

Illinois Gov. Pat Quinn called the outline of a pension overhaul proposal floated by a bipartisan panel "positive" and "progress," but he shied away Sunday from saying whether he'd fully back it.

As a lobbyist in New York's statehouse, Stephen Acquario is doing pretty well. He pulls down $204,000 a year, gets a Ford Explorer as his company car and is afforded another special perk: he is entitled to a full state pension.