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Pension News

10
Mar

43 Out Of 100 Americans Set To Live On Less Than $10k Pension

Posted by Janet Leicester (0) Comment

The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.
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Category : Pension News | Blog
18
Feb

U.S. State Pension Funds In $1 trillion Deficit

Posted by Susan Mitchell (0) Comment

U.S. state pension funds face a total shortfall of at least $1 trillion for employees’ pensions and retirement benefits, and their financial problems are quickly mounting, according to a report released by the Pew Center on the States on Thursday.

Illinois is in the worst shape, with only 54 percent of its pension obligations funded, according to the report, which looked at fiscal year 2008.
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Category : Pension News | Blog
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