Study: States must fill $1 trillion pension gap (AP)
States may be forced to reduce benefits, raise taxes or slash government services to address a $1 trillion funding shortfall in public sector retirement benefits, according to a new study that warns of even more debilitating costs if immediate action isn't taken. us.rd.yahoo.com |
Eight do's and don'ts for your 401(k) (at MarketWatch)
When it comes to saving for retirement and building a portfolio to last a lifetime, most Americans are way behind the eight-ball, the nine-ball and all the other balls on the pool table. us.rd.yahoo.com |
Town halls hold key to public pension crisis
In the third of our five-part series on public pensions, we find a potential solution to underfunded public pensions in the Local Government Pension Scheme thisismoney.co.uk |
Deep Crisis for New Jersey’s Pension Funds
Experts say that Republican and Democratic lawmakers contributed to the problem by refusing for years to put state money into pension funds as they should have. nytimes.com |
Hungary takes aim at private pension funds
[AP] - Hungary is trying to force 3 million people now in private pension schemes back into the state system to help it meet strict budget targets. us.rd.yahoo.com |