The median state pension plan funded status improved last year to 82.6% from 68.5%, according to data provided by Fitch Ratings. The rating agency’s adjusted funded measure, which caps the assumed investment return at 6%, was 73.5% vs. 60.2% in 2021.
The overall estimated funding ratio of the 100 largest U.S. public pension plans fell in October, the first such... read more
Pope Francis said he had taken an “essential step” by naming Cardinal Kevin Farrell “sole administrator” of the pension... read more
However, the ageing population presents long-term fiscal challenges to the sustainability of social welfare systems of advanced economies such... read more
Corporate pensions in the United States have been experiencing their strongest performance in over a decade. According to data... read more
There has been strong support for government proposals to introduce multi-employer CDCs, as the consultation on Occupational Pension Scheme... read more
CalPERS CEO Marcie Frost affirmed the $522.4 billion pension fund’s commitment to environmental, social and governance investing in the face of... read more
Syed Lateefuddin was only in the first week of his job as a driver for Uber when an early... read more
South Africans have withdrawn 35.1 billion rand ($1.94 billion) from retirement funds since new laws came into effect three... read more
Planned suburban residential neighborhoods in metropolitan areas known as new towns were initially developed in England. The new town... read more
The idea of retirement is losing its luster The stereotype of retirement as a time to play golf, travel and... read more
