The Illinois Legislature’s Commission on Government Forecasting and Accountability recently released an analysis of a union-backed pension reform plan. House Bill 5909 is estimated to cost taxpayers ...

Illinois’ five state-run retirement systems need $16.8 billion in funding for the coming fiscal year, but state lawmakers ...

Returning the state's workforce to a pension plan was a major campaign issue for the largely Democratic House and Senate ...

The government is proposing to ease restrictions on how some pension schemes are managed, as part of efforts to boost economic growth. The Treasury said defined benefit pension schemes have a total ...

The Illinois legislature’s Commission on Government Forecasting and Accountability recently released an eye-popping actuarial analysis of a union-backed pension reform plan.

The Illinois legislature’s Commission on Government Forecasting and Accountability recently released an eye-popping actuarial analysis of a union-backed pension reform plan.

Nationwide analysis from the Equable Institute reveals Illinois state pensions remain fiscally unstable, underscoring the ...

The reform raises mandatory contributions and improves women’s benefits, while carrying a high fiscal cost.

For government employees, voluntary retirement with pension benefits currently requires 25 years of service. The Public ...

A pensions expert has revealed that the Chancellor's plan to use pension fund surpluses to unlock the potential of the UK ...

British Prime Minister Keir Starmer and finance minister Rachel Reeves will meet business leaders on Tuesday to announce pension sector reforms that they hope will boost economic growth and investment ...

The Chancellor has announced that new rules will give more flexibility over the use of surplus in DB pension schemes. Details are expected in ...