As funding levels rebound, retirement systems face an unexpected shift—one that could force them to rethink investment strategy, liquidity and long-term risk. A few years ago, Andrew Junkin wanted the ...

The Washington Post reports today (“Steep Losses Pose Crisis for Pensions”) on the sorry state of funding in state and local employee pensions, focusing on the impact of recent poor stock returns.

Add Yahoo as a preferred source to see more of our stories on Google. Jun. 14—Six months ago, plugged-in Chicago politico Forrest Claypool sounded the alarm about rising pensions debts and called for ...

A couple of years ago, sitting on a panel discussing the recent election and looking at future policy and political topics, I raised the public employee pension issue. A public union representative on ...

The Wisconsin Policy Research Institute has issued a report on pension benefits for public employees. The report quantified what most of us already know — public employees can retire a lot sooner than ...

Municipal finances are a mess, as exemplified by Detroit’s filing for bankruptcy, while other cities teeter on the edge. It’s not a new problem. We have known for years about the fiscal manipulations ...

Several troubling bills in the California legislature are aiming to reverse critical cost-containment and risk-management public pension reforms that have stabilized the state’s pension systems and ...