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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 67-77
  • Stockton bankruptcy ruling preserves city pensions

    Stockton bankruptcy ruling preserves city pensions
    A federal bankruptcy judge approved the city of Stockton's bankruptcy recovery plan Thursday and sidestepped challenges to its workers' pensions that could have threatened municipal retirement plans across the state in the years ahead. Stockton's plan...
  • In Stockton bankruptcy case, the target is the working class

    The investment house Franklin Templeton's effort to knock down the city of Stockton's proposal to emerge from bankruptcy portrays the case as one in which Franklin is defending itself against three big, faceless adversaries. These are CalPERS,...
  • Judge approves Stockton bankruptcy plan; worker pensions safe

    A federal bankruptcy judge approved the city of Stockton’s bankruptcy recovery plan, allowing the city to continue with planned pension payments to retired workers. The case was being closely watched after the judge ruled this month that the city&...
  • Can employees' pension benefits be cut?

    Could a city in bankruptcy be required to cut its employees' pensions as part of its reorganization plan, as a matter of fairness to other creditors taking cuts? Christopher M. Klein, the chief federal bankruptcy judge in Sacramento, answered that...
  • Norco Executive John Brown taking correct approach

    Norco Executive John Brown taking correct approach
    Northampton County Executive John Brown's proposals are right. He may not have been in office very long, but it doesn't take long to realize that the days are over of property owners paying health and retirement benefits for the employees of municipal...
  • Stockton bankruptcy ruling will decide fate of public pensions

    In a closely watched case, a federal judge on Thursday is expected to decide whether the bankrupt city of Stockton can continue to pay employees generous pensions that soon could consume one-fifth of municipal revenues. The ruling has been much...
  • Guard against inflation in retirement income

    Thanks to inflation, workers will be able to sock away more in retirement accounts next year and retirees will get a modest bump in Social Security benefits. Also thanks to inflation, retirement is getting costlier. So while you're congratulating...
  • 99 ways to boost pensions in California -- at public cost

     99 ways to boost pensions in California -- at public cost
    Directing traffic is part of a police officer's job, and in the city of Fountain Valley, keeping cars moving comes with a $145 monthly bonus — and a bigger pension. Fountain Valley officers can also pump up their pensions by working with police...
  • Just when you thought you've heard it all on pensions....

    To the editor: Why should a library staff member receive a bonus for helping a patron? Why should a jail worker receive a bonus for answering a question from the public? Surely those activities are part of the employee's job description. ("99 ways to...
  • America's middle class knows it faces a grim retirement

    Wells Fargo did as much as it could to soft-pedal the findings of its fifth-annual Middle Class Retirement Survey, released Wednesday, but the horrific numbers speak for themselves. "Saving for retirement is a formidable challenge for middle-class...
  • What to do when your 401(k) match is terrible

    What to do when your 401(k) match is terrible
    Typical retirement advice calls for contributing to your 401(k) account at least to max out the company match. There's no denying that the match is a huge part of retirement planning. Employer contributions can really add up. For instance, employees...