The nation's largest public pension fund got just a one percent annual return on its investments, well below the 7.5 percent the California Public Employees' Retirement System had projected for the fiscal year that ended June 30.
Your most recent program discussed the amount and kind of emergency funds needed for people working. My question is what those of us who are retired should consider for emergency funds. William, Schenectady, NY
Fed Chairman Ben Bernanke may announce a new plan for interest rates today on Capitol Hill. Six in 10 Americans want the Federal Reserve to consider the negative impact of low interest rates on retirees and savings.