Some of the nation's largest companies are asking Congress to suspend rules requiring them to contribute more money to pension funds. Washington Bureau Chief John Dimsdale reports.
Public pension funds that invested heavily in real estate are taking a big hit, including the real estate portfolio for California's civil servants, which lost more than a third of its value. Stacey Vanek-Smith reports.
Struggling companies are looking to Congress for relief from pension contributions, and they might actually get it. Alisa Roth explains we may want to look out for new rules and cut backs in the long term.
If you're 62 or older and the stock market is eating your retirement, there are still options open to you. Host Scott Jagow asks Meg Burns of the FHA about reverse mortgages.
This week our listeners wrote in about auto-worker benefits, the Great Depression and the darker side of Tinkerbell. Also, abut a pirate who's no Capt. Hook. Kai Ryssdal picks out a few.
Traffic is up for a new wave of online job Web sites, particularly those set to help retired workers re-enter the job market. Renita Jablonski talks to retirees who are sifting through the listings.
Many companies are expected to suspend 401k's in the near future, and pension plans are becoming a rarity. But if you do have a pension, is it safe? Tess Vigeland asks Olivia Mitchell of the Wharton School of Business.
Congress is meeting to explore ways to help workers cope with shrinking 401K's. One method would encourage penalty-free 401K and IRA loans. Nancy Marshall Genzer looks into what else the House is considering.
Jittery investors pulled half a trillion dollars out of money-market funds in the past few months, tightening up another source of credit. So, it's Fed to the rescue again. Senior Business Correspondent Bob Moon reports.
