Jump to Navigation
Jump to Content

Story

Retirement Security: Women Still Face Challenges

Publication

GAO was asked to examine (1) how women’s access to and participation in employer-sponsored retirement plans compare to men’s and how they have changed over time, (2) how women’s retirement income compares to men’s and how the composition of their income—the proportion of income coming from different sources—changed with economic conditions and trends in pension design, (3) how later-in-life eve

More...

Pension error hits Fresno widow with $48,000 debt

News Item

Sally Baker answered her phone in late May and got hit with a double whammy from the city of Fresno pension system. We've been paying you too much on your survivor's pension, Baker was told. Kiss about $530 from your monthly check goodbye. And, the billion-dollar pension system added, we want all those overpayments returned. You got $48,000 to send our way?

More...

Retirees Wrestle With Pension Buyout From General Motors

News Item

For weeks, John and Kathy Matthews have agonized over the choice: accept $818,000 in a lump sum from General Motors to buy out Mr. Matthews’s pension or keep collecting a check of $4,854 a month.

More...

After the Storm, the Little Nest Eggs That Couldn’t

News Item

In many ways, things are looking up for America’s economy. After several years of roller-coaster-ish volatility, the Dow Jones industrial average has climbed to its highest level since the 2008 financial crisis. Economic growth, though not robust, has been gathering steam, and the unemployment rate has been inching downward, although fitfully.

More...

AMR retirees ask judge to deny termination of pension plans

News Item

Retirees of AMR Corp., parent of American Airlines, who believe the company will abandon its pension obligations are asking U.S. Bankruptcy Judge Sean Lane to deny the company's proposed termination of its pension plans, court documents show.

More...

Persistence pays off in finding a lost pension

News Item

With his 65th birthday approaching, Richard Zimmerer started making phone calls about a pension from a job he held until his mid-40s.

More...

The Anxious Generation

News Item

Stressed-out Americans over 50 wonder if they’re ever going to be able to retire. They worry that the Great Recession will have a lasting impact on their security.

More...

From Zero to Two Pensions - With Help From the New England Pension Assistance Project

Page

David Howell of Connecticut had worked in many different jobs for Stop & Shop from 1964 until 1991. He started work as a parking lot attendant and ended as a manager, so he was surprised to hear from Stop & Shop that, with all those years of work, he was not eligible for a pension.

More...

Retirement crisis closes in on baby boomers

News Item

Like many middle-class American baby boomers, Linda Carmona-Sanchez is anxious about slipping into poverty and says whatever dreams she once had about retirement in her "golden years" have turned into nightmares.

More...

Latinos Lagging On Retirement Savings, Says Pew

News Item

Latinos are among the fastest growing demographic groups in the U.S., but the Pew Hispanic Center reports that they're among the least likely to invest in or keep money in retirement savings. Michel Martin explores why with Jaime Levy Pessin, a freelance journalist who reported this for The Wall Street Journal, and financial expert Louis Barajas.

More...
print Syndicate content