pensions and retirement plans

China’s pension replacement rate is low and continues to dwindle, while rural residents are usually the worse off for it.

The future costs of health care benefits for retired government employees in New York has hit an estimated $250 billion, but state and local governments do not have money set aside to foot the bill.

States are not saving enough money to fund their obligations to retirees for health care and pension payments, according to a study released on June 19 by Pew Center.

Mayor Michael Bloomberg outlined the preliminary $68.7 billion net total budget for fiscal year 2013, which begins July 1, in the Green Room at City Hall on Thursday, focusing on pension reform.

Canadians could soon have another retirement savings option, though it may not be quite the guarantee offered by the Canada Pension Plan.

A leaked letter from Health Secretary says proposed reforms could prompt staff to leave NHS pension schemes, reducing treasury income while still paying past pension promises.

Financial planning: Planning your financial details for retirement can seem like a hassle or a chore, but it’s crucial to take the time to properly plan.

Retirement plans possessed by American adults face a collective shortfall of $4.55 trillion, or more than $47,000 per individual.

French airlines are bracing for a more strikes as labor unions continue nationwide protests Sarkozy’s pension reform bill.

Retirement plans of parents who have college-aged children are being tapped to pay for college tuition, a new study finds.