For years, the state agency that oversees California’s teacher pensions has clawed money back from nearly 10,000 retirees after discovering school districts — or the agency itself — had been ...

Due to Pennsylvania law, prior Luzerne County manager Randy Robertson is set to receive a monthly pension of $191.68 after a little over five months on the job. The state’s county pension law — Act 96 ...

With effect from next financial year, the Government will start allocating funds for public servants who are planning to retire and they will access their pension almost immediately after retiring.

The government is minded to amend the funding threshold at which surplus can be released, from the current buy-out threshold to full funding on a low dependency funding basis. Details of the revised ...

CHICAGO (AP) - Gov. Pat Quinn has signed landmark legislation Thursday to reform Illinois' massively-underfunded pension system, though the new law is certain to face threatened lawsuits by labor ...

SPRINGFIELD, Ill. (WLS) -- The Illinois Supreme Court ruled Friday that pension reform signed into law in 2013 is unconstitutional. Gov. Bruce Rauner and the legislature must now return to square one ...