California's Senate on Wednesday passed a bill that would create a guaranteed, government-run retirement savings program catering to private-sector workers of modest means.

A plan requiring school employees to pay more toward their pensions but not force new teachers into a 401(k)-style system was approved Thursday.

Gov. Jindal's proposal to hike the amount rank-and-file state workers pay for retirement may cost the state more than it benefits.

Pennsylvania's approach to a looming spike in pension obligations for state and public school employees should include a discussion of reducing the cost of current workers' future benefits, even if it means challenging state constitutional law that has traditionally protected such benefits, a top state lawmaker said Monday.