The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
A study of about 85 percent of state and local retirement plans found assets had grown to $2.67 trillion, while liabilities totaled $3.63 trillion by the end of 2012.
Detroit might very well be only the first domino as the bankruptcy decision gives precedence to other government entities contemplating the same strategy.
The state of Washington needs to form a public-private partnership that would then set up a defined benefit retirement plan, says the executive director of NCPERS during testimony.