PBGC chief Josh Gotbaum testified on the challenges facing multiemployer retirement plans, as provisions covering the plans are set to expire next year.

Massachusetts Treasurer Steve Grossman has directed the state pension fund to review any investments in gun, ammunition and other companies in response to the killings last week of 20 children and six adults in a Connecticut elementary school.

As more companies look to better manage rising employee benefit costs while simultaneously promoting a healthy workforce, many employers have turned to consumer-directed health care, specifically adopting a health savings account strategy.

President Barack Obama's offer to slow the growth of Social Security benefits would force fellow Democrats in Congress to abandon promises to shield the massive retirement and disability program from cuts as part of negotiations to avoid the year-end fiscal cliff.