Over the past 30 years, employers have shifted away from defined benefit pension plans to defined contribution 401(k) plans.

As CalPERS, the nations largest public pension, deals with a growing gap between whats been promised and whats been set aside, it may slash the checks of workers by 63 percent.

A new financial manual offers information on tax breaks, low-cost investments, legal protections, education opportunities and insurance programs for military servicemembers and their families.

Pensions were never all they were cracked up to be and theyre a lot worse now.