SACRAMENTO, Calif. (AP) — A state pension fund committee on Tuesday approved retirement calculations for new government hires despite concerns about so-called “pension spiking” raised by Gov. Jerry ...

MACON, Ga. — Boxes of Macon-Bibb County employee records are being scanned through an effort to determine if retirees’ pensions have been shorted in recent years. Nearly a year ago, an auditor ...

MACON, Ga. — Local government retirees and survivors could be getting shortchanged when it comes to pension payments. Over the past few months, auditor Stephanie Jones has warned Macon-Bibb County ...

For many American workers, a defined benefit pension plan is an artifact that has gone the way of phone booths, cassette tapes and percolator coffee. But millions of federal and state government ...

PricewaterhouseCoopers has agreed to settle a 16-year-old ERISA case filed by former participants in a company pension plan who claimed fiduciaries improperly calculated lump-sum payments for a cash ...

Desperate General Electric is cleaning up its balance sheet. One method: let 100,000 ex-employees give up valuable pensions in return for lump sums. Stingy lump sums. One 55-year-old who has publicly ...

Our calculator shows how much tax you'll pay in the 2025-26 tax year, and the upcoming 2026-27 tax year, whether you take your whole pension pot, or a chunk of it as a lump sum, with a mind to taking ...

Two former FedEx pilots have sued the company and FedEx pension fund fiduciaries, alleging the defendants violated ERISA by using out-of-date mortality data in calculating pensions that short-changed ...

• Retired lawmakers don’t receive full pay as their pension, and in most cases they won’t be vested after serving just one term in office. • The earliest any retired lawmaker could start receiving a ...

SACRAMENTO, Calif. — A state pension fund committee on Tuesday approved retirement calculations for new government hires despite concerns about so-called “pension spiking” raised by Gov. Jerry Brown ...