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retirement benefits

Health Benefits and the Pension Plan Crisis

Health Benefits and the Pension Plan Crisis

Public-sector retirees and those headed for retirement in cities across the United States are facing widening gaps between what their pension plans promised and what employers are willing and able to deliver. A lesser-known aspect of the pension-plan crisis is the potential loss of the health benefits...

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State Pension Sagas' Continue with Lawsuits

State Pension Sagas’ Continue with Lawsuits

Here’s the story so far. During the 1980s and 1990s states allowed “pension benefit creep” to turn public retirement plans into out-of-control budget monsters. By the time 2012 rolled around, many state governments were caught in the throes of fiscal crisis that could in large part be attributed...

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