CNBC's Rick Santelli and Bradley Belt, Palisades Capital Management, discuss the federal government's plan to allow companies to contribute less to their pension plans to replenish the Highway Trust Fund.» Read More
An look at the system’s problems reveals a strategy that has failed to keep up with costs, and a governing structure that permits politics to intrude.
Detroit may be moving to resolve its pension crisis, but New Jersey's pension problems are just heating up.
New Jersey Governor Chris Christie addresses the disappointment he feels over the bridge scandal that occurred on his watch.
New Jersey Governor Chris Christie discusses the need to reform pensions, and make them less costly.
Many trash pickers in China are elderly people, unable to support themselves on meager government pensions. Global Post reports.
Congress is inching toward a solution to the government's highway funding crisis that is about as structurally sound as a sand castle.
Ash Williams, Florida State Board of Administration, discusses the Sunshine State's successful pension investment strategy.
Gregory Zuckerman, Wall Street Journal explains why many hedge funds and pension funds have missed out on much of the rally since 2009.
A former head of the nation's largest public pension fund has pleaded guilty to bribery and fraud in California.
July 1- Lockheed Martin Corp, Pentagon's biggest defense supplier, said it will move existing employees to a defined-contribution retirement plan by Jan.1, 2020, becoming the latest company to freeze its expensive defined-benefit pension plan.
Gov. Chris Christie, (R-N.J.), explains how increasing taxes on the wealthy results in them "playing games with their accountant" that end up hurting the state.
From revenue shortfalls to a pinched pension system, New Jersey can't wait to fix its fiscal problems, says Gov. Chris Christie.
I haven't made any decision whether I'm going to run for president or not, declares Gov. Chris Christie, (R-N.J.), sharing his thoughts on the 2016 election and public perception of him after the "Bridgegate" scandal.
I will not be able to pay down the sins of my predecessors, says Gov. Chris Christie, (R-N.J.), sharing his thoughts on funding pensions in New Jersey.
Gov. Chris Christie, (R-N.J.), provides his thoughts on a wide array of topics, from funding public pensions, to taxes, politics, and legalizing marijuana.
Gov. Chris Christie, (R-N.J.), discusses his battle to balance the budget in the Garden State. Also Christie shares his thoughts on taxes. Folks don't understand you have to make yourself competitive from a tax prospective, says Christie.
If it succeeds, the city’s cost-cutting hybrid pension plan could be a model for solving government budget crises across the country.
To try to close the gap in underfunded pensions, states are shifting fund assets into stocks and investments like hedge funds.
S&P could downgrade New Jersey again because of budgetary imbalance and underfunded pensions, putting it among the three worst-rated states.
The Ontario Teachers' Pension Plan manages around $141 billion, says Ron Mock, the group's CEO, as he discusses how the Pension Plan invests.