| Nov 23, 2014
| 5:00 AM
Dear Liz: My partner of 30 years recently died. Am I eligible for Social Security survivor benefits? I don't want anything I don't deserve, but if I'm entitled to something, every penny would be appreciated. I am 54 and make minimum wage.
| Nov 21, 2014
| 4:07 PM
Strikeout: Sangamon County Circuit Judge John Belz has ruled Illinois' pension reform law unconstitutional.
"The Act without question diminishes and impairs the benefits of membership in State retirement systems," he wrote in a firm, six-page ruling...
| Nov 21, 2014
| 9:19 PM
For Gov.-elect Bruce Rauner and other politicians looking to the courts for guidance on how to legally reduce a worst-in-the-nation public pension debt that threatens to hamstring Illinois' economy and government, Sangamon County Circuit Judge John Belz...
| Nov 20, 2014
| 5:58 PM
Making his first post-election appearance at the Capitol on Thursday, Gov.-elect Bruce Rauner said he hopes the Illinois Supreme Court eventually will provide guidance on what changes are acceptable when it comes to fixing the state's more than $100...
| Nov 19, 2014
| 6:14 PM
NEW BRITAIN — Of all retirees who receive Social Security, 26 percent are living on those checks alone. A state Retirement Security Board, made up of private sector employees and state and union officials, is trying to make sure that doesn't...
| Nov 18, 2014
| 8:30 PM
Not all experts agree whether actively managed funds can outperform index funds. Some do in the short term, but it is certainly not easy to select actively managed funds that will outperform index funds in the long term.
An index fund manager buys all of...
| Nov 17, 2014
Earlier this summer, Bob Brink paused for a memory from his first days in the General Assembly
"A few weeks before I was sworn into office in 1998 … I took a walk around the Capitol and I stopped outside the House chamber. The curtains were...
| Nov 14, 2014
| 9:39 PM
Alicia H. Munnell has some gloomy words for Americans about retirement.
"There are only three options," she writes in her new book, "Falling Short: The Coming Retirement Crisis and What to Do About It." "The first is to simply accept that we are going...
| Oct 8, 2014
| 2:30 AM
Retirement planners generally recommend that you have enough savings at the end of your working life to replace 70 percent to 85 percent of preretirement income. The targets take into account that you'll no longer be saving for retirement, getting...
| Oct 2, 2014
| 11:36 AM
Marc Nelson, the employee representative to the Hartford Pension Commission, sent a letter to the city’s top lawyer Thursday raising concerns about a request to fund attorney’s fees for Hartford Treasurer Adam Cloud.
Cloud is seeking payment...
| Nov 13, 2014
| 5:58 PM
A decade ago, many of California's public pension plans had plenty of money to pay for workers' retirements.
All that has changed, according to a far-reaching package of data from the state controller. Taxpayers are now on the hook for billions of...