A former head of the nation's largest public pension fund has pleaded guilty to bribery and fraud in California.» Read More
CNBC's Mary Thompson reports how a strong market pushed corporate pension funding in the S&P 500 and Fortune 1000 over 90 percent in 2013.
A state court judge has barred the city of San Jose from imposing voter-approved pension cuts on current municipal workers.
In an exclusive interview with Larry Kudlow, Rep. Paul Ryan, R-Wis., discusses the budget deal, the Fed's decision to taper, and veterans' pensions.
Rep. Paul Ryan (R-WI), House Budget Committee chairman, weighs in on how the passed budget plan will impact disabled veterans' pension. We owe so much to the men and women who fight for us: veterans will not take a 1 percent pension reduction, says Ryan.
Costly pensions are being blamed for the financial bind hitting U.S. cities. But bad management played a bigger role, says a new report.
CNBC.com's managing editor Allen Wastler shares what's hot on the website today, including Politico's Ben White's article on what could mess up the budget deal.
Before Detroit filed for bankruptcy, there was Stockton. The California city is nearly ready to climb out of bankruptcy but faces pension woes ahead.
CNBC's Rick Santelli and Governor Patrick Quinn (D-IL), discuss the historic overhauling of the state's pension system and the bill Gov. Quinn signed yesterday.
Illinois lawmakers were poised Tuesday to vote on a plan to solve the state's $100 billion pension crisis.
CNBC's Rick Santelli breaks down the worst underfunded pension in the country in Illinois.
A Japanese government panel has recommended sweeping changes to the government pension investment fund, the world's largest.
CNBC's Scott Cohn reports that the Chicago, public pension problem is among the worst in the nation.
CNBC's Scott Cohn reports Chicago, IL, along with being the murder capital of America, also has one of the worst pension situations in the country.
No city has as serious a pension issue as Chicago, reports CNBC's Scott Cohn. Nationwide, the municipal pension debt ranges from $800 billion-$4 trillion, he adds.
Activist investor Dan Loeb, founder of hedge fund Third Point, responds to being put on a "watch list" by the American Federation of Teachers.
Institutional Investor is releasing its inaugural "Pension 40" ranking today, which includes the most powerful players battling the future of U.S. pensions. Institutional Investor executive editor Michael Peltz, provides insight.
NBC's John Yang reports Chicago's downgrade crisis is due to underfunded pension plans.
Private equity has been generating big returns for big pension funds, but 401(k) investors have been left out of the game—until now.
Fitch has downgraded $8.5 billion in Chicago bonds. CNBC's Scott Cohn reports the downgrade comes a day after the Illinois Legislature adjourned without dealing with a $100 billion crisis statewide.
CNBC's Scott Cohn reports hundreds of protesters showed up at Day 1 of Detroit's bankruptcy trial to argue pensioners are being used as scapegoats.