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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 45-55
  • Retirement: why Social Security isn't going away

    Kiplinger's senior editor Jane Bennett Clark recently interviewed Stephen Goss, chief actuary of the Social Security Administration. Kiplinger's: What do you say to people who worry that Social Security won't be around when they reach retirement age?...
  • Illinois government worker pension system remains big issue for Rauner

     Illinois government worker pension system remains big issue for Rauner
    As Bruce Rauner is sworn in Monday as Illinois' 42nd governor at the Prairie Capital Convention Center, a half-mile away, government lawyers will file papers asking the state Supreme Court to reinstate a law that would make massive changes to the public...
  • Bruce Rauner says he hopes Illinois Supreme Court gives clue on pension law

     Bruce Rauner says he hopes Illinois Supreme Court gives clue on pension law
    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...
  • Mailbag: Law enforcement employees earn their pensions

    Re. "Police chief's pension is near $185,000, Costa Mesa officials say," (Dec. 5): Reporter Jeremiah Dobruck writes of the chief's retirement income and combines it with the salary he will be receiving in his new job with the Port of Los Angeles. What...
  • Commentary: Supreme Court strips retirement account protections

    Imagine this: You've worked hard to save money in your individual retirement account (IRA) or 401(k). You do the right thing by selecting beneficiaries and rest easy knowing the money will be safe for heirs after you are gone. Years later, your child...
  • Personal Finance Q&A: Will an installment loan help credit score?

    Dear Liz: I am working on paying my bad debt from the past to rebuild my scores. I have one credit card that I pay in full every month, but no installment loan. I recently was given the opportunity to take a car loan with monthly payments I could easily...
  • Rowland's Ex-Driver Wins Major Pension Increase, Including $177,000 Retroactive Payment

    Rowland's Ex-Driver Wins Major Pension Increase, Including $177,000 Retroactive Payment
    Former Gov. John G. Rowland's former state police chauffeur, Vincent DeRosa, has won a $19,000-a-year increase in his lifetime pension, along with a 10-year, retroactive payment of more than $177,000 upfront. As Rowland was being convicted this past...
  • Personal finance Q&A: Deciding when to start Social Security benefits

    Dear Liz: I am 63 and my husband is almost 64. He lost his job last year. We have been living on his $1,500 monthly pension plus what I could make from small contracts and drawing down our emergency fund. The fund and the contracts are now gone. We...
  • Illinois is one day closer to a pension fix. Look out.

    Illinois is one day closer to a pension fix. Look out.
    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...
  • Some Virginia lawmakers turn an $18,000 salary into a $55,000 pension

    Some Virginia lawmakers turn an $18,000 salary into a $55,000 pension
    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...
  • Illinois politicians seeking court guidance on pensions may be let down

    Illinois politicians seeking court guidance on pensions may be let down
    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...