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Prudential’s analysis underscores the challenges that companies face as low interest rates, which increase pension liabilities, and substantial payouts to retirees temper the benefits generated by rising equity markets.
May 18 -
The massive shortfalls in public pension funds are the single biggest financial challenge for American’s states and cities.
March 28 -
Pension funds for more than 1.5 million union workers is said to be on the brink of failure.
February 8 -
GE’s pension deficit has gotten so big, a misstep could risk leaving the separate units with commitments they ultimately can’t afford to pay.
February 7 -
Lawmakers in Illinois are so desperate to shore up the state’s massively underfunded retirement system that they’re willing to entertain an eye-popping wager.
January 29 -
With many private and public pensions in the red, employees are advised to look for options that will improve their prospects, such Roth IRAs.
January 24 -
California Governor Jerry Brown said legal rulings may clear the way for making cuts to public pension benefits, which would go against long-standing assumptions and potentially provide financial relief to the state and its local governments.
January 11 -
Employees should do a quick assessment of their retirement prospects while still working.
January 4