Cutting doctors' pensions is often touted as an option for improving their pay - but would the idea really solve the problem?

Money that could help address the teacher shortage is often the first to get cut in pursuit of keeping up with government ...

A state pension offering the option between annual 3% compounded COLA increases for life vs. a $418k lump sum payout with 13 years of zero COLA and non-compounded 1.5% COLA starting after 13 years ...

Single Life Payout. This is often the simplest option to understand: it pays income to the retiree for their entire lifetime. If you start a single life pension at 65 and die at 66, that’s it ...

The decision on how to take a pension — straight life, joint payout or lump-sum — is not easy. Each pension, like each person’s situation, is unique. And the choice you make you are stuck with.