Articles About Pensions

While the nation’s attention was riveted on Wisconsin legislators on the lam and massive protests in the state capital, Michigan legislators enacted a law that – in effect – gives the state the unprecedented authority to control cities and school districts in financial distress. The new law, which had the support of Governor Rick Snyder, […]

America is obsessed with the issue of trade unions again.  Labor unions have gained new prominence as Democratic legislators from Wisconsin and Indiana have left their states for the greener pastures of Illinois to avoid participating in votes to cut back or eliminate collective bargaining rights for public employees.  Thousands of protestors have taken up […]

One-fourth of American workers have saved less than $1,000 for their retirement, according to a report from the Employee Benefit Research Institute (EBRI).  The EBRI survey reveals that 27 percent reported saving less than $1,000 for retirement, not counting the value of their home or defined-benefit plans.  A similar percentage reported saving between $1,000 and […]