Retirement

The Public Sector Retirement Explosion

COMMENTARY | For years, human resources officials worried about an alarming exodus of government retirees. Now it’s here—and it's because of Covid-19.

Best and Worst States to Retire In

The top states for retired people age 60 and older have affordable homes, lower costs of living and crime rates and higher life expectancies, according to a recent analysis.

Ranking: The Worst States for Retirees

The least favorable places to live post-work years on the list, which was compiled from several sources, have high taxes and soaring housing costs, among other things.

Retiring Early Can Be Bad for the Brain

COMMENTARY | A study of a retirement program in China found that people who retired early suffered significant cognitive decline that put them at risk of early onset of dementia.

Public Pensions Rally in Chaotic Stock Market, But Bigger Bills Still Coming for Governments

Pension earnings came up short this year. Eventually, that will require bigger contributions to make up the difference.

Many Americans Were on Shaky Financial Ground When Virus Hit

This is underscored by a new report from the Federal Reserve, which also highlights how job losses during the coronavirus outbreak have been severe for lower earners.

Virus Downturn Will Further Strain Troubled Public Pension Funds

New research warns that the nation’s worst-off retirement plans for state and local government workers “face the risk of running out of assets in the foreseeable future" if there's a slow recovery.

An Option for States and Localities Seeking to Save on Retiree Health Care Costs

A group highlights why shifting to individual Medicare marketplaces can make sense in some cases, and offers some tips on how to head in that direction.

Turning Gray and Into the Red: The True Cost of Growing Old in America

COMMENTARY | Too many people enter retirement without financial security.

Boomer and Millennial Public Workers Agree Pensions are a Plus

No matter their age, most state and local government employees in a recent survey said retirement benefits are a big factor in why they stay at their jobs.

College Towns Ranked Among Best Locations for Retired Life

Seniors may benefit from low cost of living in college towns as well as the cultural amenities and healthcare options related to universities, according to a new report.

Best State for Retirement? The Answer Isn’t Necessarily Florida

A new ranking did give the retirement mecca a nod, but also flagged some more surprising states.

When Millions Can’t Afford to Retire, the U.S. Needs a Better Option

COMMENTARY | When tens of millions of people all have the same problem, it’s not a failure of individual initiative.

Mayors Score Win in Lawsuit Over Troubled Retirement Plan Endorsement Deal

The U.S. Conference of Mayors has been locked in a court dispute for several years over the soured arrangement.

As Congress Mulls Retirement Savings Shortfalls, New State Programs Get Attention

Initiatives in Oregon and other states are targeting people without employer-sponsored retirement plans.

Pensions Have Shifted To Riskier Investments, Ratings Agency Finds

But the new report says that this trend isn’t necessarily producing stronger returns.

The Case For Helping Local Government Employees Better Manage Their Finances

“It’s not just the right thing for employers to do,” says the co-author of a new report. “It also makes good business sense.”

Retiree Health Care Liabilities Keep Stacking Up For States

Newly issued data show the financial challenge posed by "other post-employment benefits."