The company has stopped making contributions to 401(k) accounts, and instead gives workers cash credits in a new version of its old pension plan. By Jeff Sommer Jeff Sommer writes Strategies, a weekly ...

The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...

Six days a week for 13 hours a day, 56-year-old Chen Qingling and her husband clean the corridors and bathrooms of an office building in Beijing to feed themselves and their son’s family. While their ...

The California Supreme Court is now reviewing written arguments in a pension case that has attracted national attention. (Justin Sullivan / Getty Images) California’s generous public employee pensions ...

Gov. Jerry Brown has described pension reform as a “moral obligation.” Above, he outlines his 12-point plan in October 2011. (Associated Press) A year after his 2010 election, Gov. Jerry Brown made a ...

A pension is a workplace benefit that pays qualified retirees a lifetime income. Very few private employers offer pensions nowadays, and most have shifted to defined contribution plans such as 401(k) ...

President Emmanuel Macron’s push to raise the legal age of retirement is nearing its last hurdle. But popular anger lingers. By Aurelien Breeden Reporting from Paris Protests have continued to roll ...

Eric Whiteside is the creator of the Capitalist Fool blog. He has 40+ years of experience in trading, investing, and finance. JLco - Julia Amaral / Getty Images Pension fund assets must be prudently ...

401(k) plans let you control your contribution amount, reducing reliance on employer funding. With a 401(k), you can choose investment options, offering flexibility unlike pensions. 401(k) funds ...