Retirement, Pensions | featured news

Public employees hit back in pension fight

Public employees in the United States are striking back at what they see as attacks on their pensions. Recently, U.S. states have begun making changes both small and large to the benefits they pay retirees in the hopes of closing a shortfall totaling at least $600 billion.

 

Ex-Vernon leader will continue receiving $500,000 pension despite pleading guilty to misusing city funds

California's highest-paid public pensioner will continue receiving his roughly $500,000 annual retirement despite his guilty plea Thursday to misusing public funds.

 

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