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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 1-11
  • Candidates need reality check on pensions

     Candidates need reality check on pensions
    What to do about our state's worst-in-the-nation pension liability? Gov. Pat Quinn says he doesn't need a "Plan B" to address the problem because he believes the Illinois Supreme Court will uphold the pension reform law he signed in December. Bruce...
  • Preparation can take the pinch out of retirement

    Recent studies have shown that many prospective retirees have insufficient assets or sources of income for a comfortable retirement. A lot of factors play into this problem. I'll discuss major ones below, and suggest ways to alleviate them. --Mortgage...
  • More public-employee pension nonsense in California

    To the editor: An oxymoron is a figure of speech producing an incongruous, self-contradictory effect, as in "employee retirement contribution." ("Pension spiking could cost CalPERS nearly $800 million," Sept. 9) State Controller John Chiang's audit says...
  • Commentary: Some FAQs about Costa Mesa pension liabilities

    Editor's note: Attorneys John Stephens and Tim Sesler, two members of Costa Mesa's Pension Oversight Committee, asked the Daily Pilot to publish the panel's findings and recommendations. The committee put together a series of three articles, titled...
  • Saving paperwork saved a pension

    Saving paperwork saved a pension
    Charlotte Brittain's husband had assured her she would be financially taken care of if he died, telling her she would get a spousal pension through his employer, the former Inco Battery Holdings Corp. After he died in January, she contacted MetLife,...
  • Auditors: More Miscues Managing CT Teachers' Retirement System

    Auditors: More Miscues Managing CT Teachers' Retirement System
    The state agency that oversees benefits for 32,000 retired Connecticut teachers and their beneficiaries came under fire again Thursday from the state auditors. While Auditors Robert M. Ward and John C. Geragosian expanded concerns they raised earlier...
  • 401(k) rollovers: Consider these tips to avoid tax trap

    It was a silly oversight. Back in high school, I had worked for my town's library and accumulated a tiny retirement savings account. Years later, I was told I could transfer the funds to another retirement plan. If I did nothing, I'd get a check for...
  • The basics of relying on a model portfolio

    After he met with his financial adviser, Brendon Dibella, of Alexandria, Va., had a portfolio tailor-made to meet his financial goals, which include college for his daughter (now age 4) and retirement by age 60. Instead of starting with a blank sheet...
  • Pension spiking could cost CalPERS nearly $800 million

    SACRAMENTO — A legal way to increase pensions by boosting the final pay of retiring state and local government workers could drive up public employee pension costs in California by as much as $796 million over the next 20 years, the state controller...
  • Commentary: COIN ordinance is saving taxpayers money

    At the last Costa Mesa City Council meeting, I was pleased to see savings of more than $1 million result from negotiations with employees. The transparency of COIN confirmed this success. COIN, the Civic Openness in Negotiations ordinance, requires...
  • Retirement insecurity: Two studies underline housing and income challenges

    CHICAGO (Reuters) - Monday marks the sixth anniversary of the bankruptcy filing of Lehman Brothers, a key event in the Wall Street meltdown that led to the Great Recession. The recession wreaked havoc on the retirement plans of millions of Americans,...