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Retirement

A collection of news and information related to Retirement published by this site and its partners.

Top Retirement Articles

Displaying items 111-121
  • Bailout for teachers' pensions to cost California school districts

    Bailout for teachers' pensions to cost California school districts
    California's public school districts could face difficult cutbacks if state officials move forward with a plan to bail out the retirement fund for teachers, officials and educators say, but even those painful steps may fall short of curing the pension...
  • Retirement: bridging my income gap

    Kiplinger's Personal Finance I plan on living at least until 90. That's not chutzpah talking; it's heredity. My grandmother lived to age 95, and my mom is going strong at 89. Given that I may have to stretch my retirement savings over 25 years or more,...
  • Paying home loan and rent for the same property makes no sense

    Dear Liz: My husband and I lost our home because of unemployment and being underwater (the value of the house was less than the mortgage). We now both are working full time and saving to buy another home. My father-in-law offered to help us by selling...
  • Flaw in pension law sparks university retirements

     Flaw in pension law sparks university retirements
    Albert Valocchi, a University of Illinois engineering professor, recently recruited new graduate students to join his research team. He is scheduled to teach two classes this fall. He has several grant proposals pending. But Valocchi, 60, may not be...
  • Jerry Brown reveals new budget plan at Capitol

    Gov. Jerry Brown detailed his revised $107.8-billion state budget proposal at the Capitol on Tuesday morning, laying out his plans to address California's mounting pension liabilities, increased costs of providing healthcare to the poor and paying off...
  • Retirement: Don't pass up free money for retirement

    Kiplinger's Personal Finance Starting a first job? Even modest contributions to a savings plan now could mean the difference between retiring comfortably and never being able to retire at all. The good news is that most big companies, and many small...
  • Mayor's pension fix: Tax, cut

    Mayor's pension fix: Tax, cut
     Mayor Rahm Emanuel is proposing to raise property taxes and cut retirement benefits for some city workers to start digging out of a massive pension debt he inherited.    But the proposal the mayor and his top aides outlined late Monday would not...
  • Emanuel rules out city income tax for pension fix

    Emanuel rules out city income tax for pension fix
    Mayor Rahm Emanuel on Wednesday ruled out creating a city income tax as a way to shore up the city’s municipal and laborers’ retirement funds while describing the $250 million property tax increase he wants to pay for the pension changes as...
  • Quinn signs Emanuel pension bill

    Quinn signs Emanuel pension bill
    Democratic Gov. Pat Quinn on Monday signed into law a measure that would cut pension benefits and raise retirement ages for some City Hall workers, granting Mayor Rahm Emanuel a victory but opening himself up to attacks from Republicans who contend the...
  • Emanuel ally: Pension plan won't solve $600 million problem

    Emanuel ally: Pension plan won't solve $600 million problem
    As reaction rolled in Tuesday to Mayor Rahm Emanuel’s pitch to shore up some of the city’s ailing pension funds, his chief City Council ally noted what the proposal is missing so far: a way out of Chicago’s most immediate financial...
  • Hollywood challenging extra pension checks sent to retirees last year

    Hollywood challenging extra pension checks sent to retirees last year
    Retired cops, firefighters and City Hall employees sometimes get an extra payday known as the 13th check. It comes each year the pension funds have robust earnings and has ranged from $200 to more than $26,000. But it comes at a cost to taxpayers: The...