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Pension

Why pensions are part of labor discussions again

by Caleigh Wells
Oct 9, 2024
Last year, just 15% of workers had access to pension plans. Now, unionized workers like the ones at Boeing are negotiating to get them back.
Members of the International Association of Machinists and Aerospace Worker Union District 751 voted to go on strike back in July. Pensions have become a sticking point in contract negotiations.
Jason Redmond/AFP via Getty Images
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Have you had your pension frozen or cut?

by Samantha Fields
Oct 7, 2019
Fewer people these days have pensions, and those who do live with the risk that their employer might run out of money.
Graeme Robertson/Getty Images
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The millions in China who can't afford to retire

by Jennifer Pak
Jun 19, 2019
A new pension system doesn't provide as much security.
An elderly man picking trash along Shanghai's streets for $12 a day.
Charles Zhang/Marketplace
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Cities increasingly turn to fee increases to raise revenue

by Ryan Kailath
Mar 19, 2018
Cash-strapped American cities are increasingly asking their residents to pay higher amounts for mundane services as they struggle to pay for mounting pension obligations, cover costly infrastructure improvements and replace revenue depleted by the last recession. Bills are rising for everything from parking tickets and 911 calls to sewer service and trash pickup. Click the […]
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Connecticut's budget gap will likely hurt social service recipients

by Marketplace Contributor
Aug 7, 2017
Some lawmakers are eyeing the hedge fund industry as a potential piggy bank.
Barbara Deindorfer said she's concerned for her brother John's future without state services.
Harriet Jones/ for Marketplace
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America's coming retirement crisis

by Sabri Ben-Achour
Feb 6, 2017
Six in 10 Americans aren't on track with their savings.
Pixabay
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States and cities don't invest in infrastructure

by Scott Tong
Aug 9, 2016
Low interest rates aren't enough when local governments must pay pension and Medicaid costs.
A view of the Brooklyn Bridge.
FRANCOIS XAVIER MARIT/AFP/Getty Images
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Is Colorado's public employee pension fund in peril?

by Marketplace Contributor
Feb 5, 2016
The fund is short about $26 billion in what it owes to over 500,000 members.
As of 2015, Colorado's pension fund for public employees is not expected to reach solvency for another 30-36 years. 
American Advisors Groups/Flickr
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Pension advances draw scrutiny

by Mitchell Hartman
Sep 29, 2015
Are plans that buy future pension payments for a lump sum basically pricey loans?
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CalPERS' quest to pay lower money-management fees

by Tracey Samuelson
Jun 8, 2015
U.S.'s largest public pension fund is expected to cut the number of firms in half.
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