Take advantage of historically low tax rates to optimize your retirement savings and reduce your tax liability.

SPRINGFIELD — Changes that would make Illinois pension systems compliant with Social Security by improving benefits for government employees hired since 2011 could be on the table when lawmakers ...

The General Assembly passed legislation in 2010 to create a second tier of state pension benefits in hopes of reducing long-term liabilities. But the latest benefits structure for employees ...

In addition, the problem with relying purely on exoneration and indemnity provisions is that they merely transfer any liability between the trustees, the beneficiaries and the employer. Pension ...

Central and state pension schemes account for a significant chunk of budgetary outlays already and, as the elderly population grows, this will only go up. Under the Old-Age Pension Scheme, a Central ...

A single person would need a pension of €33,600 a year, and a couple would need €43,200 a year, in order to have a "comfortable" retirement. The figures are contained in a new report on Irish ...

Statewide pension debt has grown to $143.7 billion from $142.2 billion in the past year, according to a new report from the state legislature’s Commission on Government Forecasting and ...

Illinois unfunded pension liability is growing. The Illinois Commission on Government Forecasting and Accountability reports the latest unfunded liability is $143.7 billion. That’s $1.5 billion ...

Federal Reserve officials will lower interest rates this month for a third straight time and pare back the number of rate cuts they anticipate next year, according to economists surveyed by ...

The investment objective is to provide long-term capital appreciation through investment in a diversified portfolio of securities as defined by a relevant index. To achieve its objective, the Fund ...

Over 500 U.S. corporations with pension plans transferred liabilities to insurance companies during the first nine months of 2024, a new record, according to a survey. U.S. pension risk transfer ...