Sen. Mark Kelly may see his retirement pay reduced after participating in a video with other members of Congress urging ...

The failed tech project is just the latest in a long string of troubled efforts by state bureaucracies to use new ...

Some older people due to retire this year could experience significant delays in their Pension payments. The most recent figures from the Department for Work and Pensions (DWP) reveal the State ...

CHICAGO (WLS) -- A battle is brewing over whether Chicago Public Schools or the city responsible for a $175 million pension payment. Passage of a CPS budget is likely to hinge on how school board ...

Question: “My job, that I have worked at for over 30 years, is downsizing and offering a voluntary reduction in force. I am only 55, nowhere near retirement age. With a pension payout, I would be ...

An official correction programme is underway to repay missed pension entitlements worth up to £10,000, following historic errors affecting women and over-80s. The Department for Work and Pensions (DWP ...

When Illinois governor J. B. Pritzker signed legislation in August that would retroactively boost the pension payouts of some Chicago police and firefighters, he did more than just increase the city’s ...

Employees entitled to a pension from a former employer may soon receive letters offering them a lump sum payout. New rules that take full effect next year allow plan administrators to offer smaller ...

Pensioners are set to enjoy a bumper 4.8% boost to their state pension payments next April, due to the triple lock mechanism. It means those receiving the full new state pension will get an extra ...

Many employers are looking to rid themselves of costly pension liabilities and, increasingly, they’re offering to pay departing employees a lump sum in lieu of a lifetime annuity payout. Figuring out ...

Stuart Pyhrr is widely considered to be one of the best in the world at what he does. But when his employer, the Metropolitan Museum of Art disclosed that Mr. Pyhrr had earned nearly $1-milllion in ...

Kortum’s recommended lump sum pension value last week — calculated on a straight-life annuity basis — was $783,908. Minus the $522,397 in Kortum’s pension account, the city was to pay out $261,511 to ...