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  1. Governor Matt Bevin and the Republican leaders of the House and Senate unveiled a proposal Wednesday to fix Kentucky's underfunded pensions. Current public employees will keep their pensions ...

  2. Virginia would have to find an additional $491.8 million in its next two-year budget to update the state's costs for public education in kindergarten through 12th grade. The new estimate, which ...

  3. Just hours after he told reporters Tuesday afternoon that the broad details of a plan to fix Kentucky’s ailing public pension systems would be coming “very soon,” Gov. Matt Bevin got a little ...

  4. Of the retirement plan’s $28.5 billion in assets as of the end of 2015, the lawsuit asserts, about half was invested in mutual funds. Of the mutual fund assets, about 56% were ...

  5. The long-awaited framework for reforming Kentucky’s beleaguered public pension plans is expected to be released soon, perhaps as early as Wednesday. Two Republican state representatives from ...

  6. Auditors from Baker Tilly confirmed miscalculations in 376 monthly benefit payments resulting from pension office staff using the wrong mortality tables for life expectancy of beneficiaries, ...

  7. Future elected officials will be required by law to pay the full ARC amount, creating a new funding formula that mandates hundreds of millions more every year into every retirement plan ...

  8. The next bear market is coming

    Chicago Tribune3 days ago

    If you are still in the "accumulation" phase of your life, the next bear market will be an opportunity for you to buy more shares with your fixed monthly investment in your retirement ...

  9. While the rat race ends with retirement, one of its principal features extends well past a person's last day of work. Income inequality in the United States spills over from the job into the ...

  10. "The new plan requires a full payment of the Actuarially Required Contribution (ARC) and a new formula that mandates hundreds of millions more into every retirement plan," he said ...

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