The U.S. Office of Personnel Management (OPM) recently emailed over 2 million federal employees an offer to pay eight months of salary in exchange for resignation. Initiated by the newly launched ...

The phrase “pension benefits” may come up a lot in the next several days as negotiations between the United Auto Workers union and the Big Three automakers go down to the wire to avert a strike. But ...

If you're not completely sure what a pension is, here's everything you need to know. What is a pension? Simple question and a slightly more complex answer than you may think. When most people think ...

It's a common lament that old-fashioned defined-benefit pensions—the kind that pay a guaranteed monthly income for life—are rare nowadays. And for public-sector employees, they might become even more ...

Eric Whiteside is the creator of the Capitalist Fool blog. He has 40+ years of experience in trading, investing, and finance. JLco - Julia Amaral / Getty Images Pension fund assets must be prudently ...

A traditional pension plan provides a steady income to former employees. Once retirees meet the job tenure and age requirements, they receive regular monthly payments throughout their lifetime. A ...

The company has stopped making contributions to 401(k) accounts, and instead gives workers cash credits in a new version of its old pension plan. By Jeff Sommer Jeff Sommer writes Strategies, a weekly ...

Some companies and government organizations provide a pension to their employees, which typically provides a lifetime monthly income. Your employer will usually fund the plan and then guarantee that ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

During the coronavirus pandemic, more people are worried about their company pension plans. Many American companies are under financial duress, which could spill over into the underfunding of pension ...