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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 34-44
  • Salvaging Illinois after the pension ruling

    Salvaging Illinois after the pension ruling
    “Obliging the government to control itself is what we are called upon to do today.” — Illinois Supreme Court, May 8, 2015. With their public finances ravaged, their taxpayer debts enormous and any prospects for cost control bleak,...
  • Illinois Supreme Court rules landmark pension law unconstitutional

    Illinois Supreme Court rules landmark pension law unconstitutional
    The Illinois Supreme Court on Friday unanimously ruled unconstitutional a landmark state pension law that aimed to scale back government worker benefits to erase a massive $105 billion retirement system debt, sending lawmakers and the new governor back to...
  • After the pension ruling: Salvaging Illinois

    "Obliging the government to control itself is what we are called upon to do today." — Illinois Supreme Court, May 8, 2015.   With their public finances ravaged, their taxpayer debts enormous and any prospects for cost control bleak, Illinois...
  • Excerpts from Illinois Supreme Court pension ruling

    The Illinois Supreme Court criticized the General Assembly's handling of public pension funding in a ruling striking down a landmark 2013 law that sought to fix the state's pension crisis. The court found the law unconstitutional because it would have...
  • Reaction to Illinois Supreme Court pension ruling

    The Illinois Supreme Court on Friday struck down a 2013 law that sought to fix the state's pension crisis. Here is reaction from across the state to the high court's ruling. ___ ""The Supreme Court's decision confirms that benefits earned cannot be...
  • TRICARE revamp rejected, other benefit changes backed

    The White House has rejected a proposal to largely replace the military's TRICARE health care system, but has agreed to further study a proposal that would let service members participate in retirement savings plans like a 401(k). Following...
  • Illinois Supreme Court rules state pension reform law unconstitutional

    Illinois Supreme Court rules state pension reform law unconstitutional
    The Illinois Supreme Court on Friday unanimously ruled unconstitutional a landmark state pension law that aimed to scale back government worker benefits to erase a massive, $105 billion pension debt. Republican Justice Robert Karmeier, writing for the...
  • Retired Glendale Unified superintendent's $277K pension among highest in the state for educators

    Former Glendale Unified Superintendent Michael Escalante received a pension of $277,833 in 2014, making him the highest pension earner among former Glendale Unified employees as well as the majority of retired state educators, according to data released...
  • PA teachers, state employees could see cut in retirement benefits

    PA teachers, state employees could see cut in retirement benefits
    HARRISBURG — School teachers and most state workers would have to pay more out of their pockets if they want to keep the same level of retirement benefits they now earn, according to a new Senate bill. A summary of the pension overhaul bill,...
  • Republicans use Baltimore to relaunch the war on the War on Poverty

    After a brief lull, the GOP war on the War on Poverty is back on. As the debate in Baltimore turns toward how to bring economic opportunity to poor cities, Republicans are arguing, again, that the government assistance programs launched by President...
  • Retirement confidence is on the mend

    After dropping to record lows between 2009 and 2013, the percentage of workers who say they are confident about having enough money for a comfortable retirement continues to increase, according to the 2015 Employee Benefit Research Institute (EBRI)...