The measure passed the House Oversight Committee, 22 to 21, with Representative Michael Turner, R-Ohio, joining Democrats in opposition, and is expected to move to the Budget Committee. The House ...

A 401(k) is a retirement savings plan sponsored by an employer, allowing employees to contribute a portion of their salary, pre-tax or post-tax. It is a defined contribution (DC) plan, meaning the ...

Currently, 780,000 public workers in New York are enrolled in the state's Tier 6 pension system, which was created in 2012.

Hundreds of thousands of employees working in small and medium-sized enterprises (SMEs) could face a substantial reduction in ...

As Republicans in the U.S. House try to finalize a giant tax and budget measure before Memorial Day, U.S. Rep. Mike Turner, R-Dayton, is still threatening to vote against his party’s plan — opposed to ...

Lawmakers should learn from their costly pension mistakes that paved the way for CalPERS to accrue over $160 billion in unfunded pension liabilities for benefits promised to current and past ...

Roth conversions get a lot of hype, but for federal employees nearing retirement, rushing could mean higher taxes and fewer options later.

Gov. Kathy Hochul supports Tier 6 pension changes for New York public workers, but some lawmakers warn the changes could strain budgets.

WA lawmakers are considering House Bill 1069, which some view as a controversial piece of legislation that could significantly impact state employee pensions. The bill, which has garnered bipartisan ...

With only about 1.22 lakh central government employees opting for the Unified Pension Scheme (UPS) so far, employee unions ...