Retirement

Boomer and Millennial Public Workers Agree Pensions are a Plus

No matter their age, most state and local government employees in a recent survey said retirement benefits are a big factor in why they stay at their jobs.

College Towns Ranked Among Best Locations for Retired Life

Seniors may benefit from low cost of living in college towns as well as the cultural amenities and healthcare options related to universities, according to a new report.

Best State for Retirement? The Answer Isn’t Necessarily Florida

A new ranking did give the retirement mecca a nod, but also flagged some more surprising states.

When Millions Can’t Afford to Retire, the U.S. Needs a Better Option

COMMENTARY | When tens of millions of people all have the same problem, it’s not a failure of individual initiative.

Mayors Score Win in Lawsuit Over Troubled Retirement Plan Endorsement Deal

The U.S. Conference of Mayors has been locked in a court dispute for several years over the soured arrangement.

As Congress Mulls Retirement Savings Shortfalls, New State Programs Get Attention

Initiatives in Oregon and other states are targeting people without employer-sponsored retirement plans.

Pensions Have Shifted To Riskier Investments, Ratings Agency Finds

But the new report says that this trend isn’t necessarily producing stronger returns.

The Case For Helping Local Government Employees Better Manage Their Finances

“It’s not just the right thing for employers to do,” says the co-author of a new report. “It also makes good business sense.”

Retiree Health Care Liabilities Keep Stacking Up For States

Newly issued data show the financial challenge posed by "other post-employment benefits."

The Promise and Peril of Borrowing Money to Manage Pension Costs

Chicago Mayor Rahm Emanuel last week proposed issuing bonds to improve the city’s pension funding levels. Is that a good idea?

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The Reason Why Kentucky’s Pension Reform Law Was Struck Down

Gov. Matt Bevin, who championed the legislation, called Thursday’s state Supreme Court ruling “an unprecedented power grab by activists judges.”

When Rehiring Retired Public Workers, Guidelines Can Be Key

New research takes a look at post-retirement employment policies in states across the U.S.

A Growing Gap Between Healthier and Worse Off Pension Plans

New research offers a dim assessment of some of the most poorly funded state and local public retirement systems.

Study Shows Why State Pension Plans May Want to Avoid External Asset Management

STATE AND LOCAL ROUNDUP | Rare polio-like disease spreads to 22 states … Tornado Alley’s eastward shift … and disaster unemployment insurance in Florida.

Bill Would Rework Limits on Social Security for Some Public Workers

It’s the latest effort by lawmakers to overhaul the “Windfall Elimination Provision," which affects benefits for thousands of state and local government employees around the U.S.

Lawsuit Will Test State Plan to Shift Retiree Drug Coverage to Medicare

Maryland enacted changes to save billions of dollars on health care coverage for retired public employees. But a rollback of prescription drug benefits has led to a court challenge.

The Glass-Half-Full Way to Prep for the State and Local ‘Silver Tsunami’

A single retirement or multiple departures of experienced staffers don’t necessarily need to be scary for public-sector organizations.

GOP Tax Overhaul Could Hit State and Local Pension Plans With Federal Tax

“It's a huge burden,” the executive director of the National Conference on Public Employee Retirement Systems said as he discussed the tax proposal.