Chicago public schools face financial crisis

Oct 11, 2016
The school is reeling from funding cutbacks and mounting debts.
Chicago teachers picketing during a one-day strike in April. 
Joshua Lott/Getty Images

In Japan, seniors are half of all welfare recipients

Aug 22, 2016
A growing number of seniors, and not enough workers, has put stress on pensions.
Elderly women choose vegetables from a vendor at a temple in Tokyo.
TORU YAMANAKA/AFP/Getty Images

States debut retirement funds as savings crisis looms

Jul 28, 2016
Connecticut and Maryland are the latest to pass bills creating their own investment tools
An elderly couple walk along a wooden walkway on vacation in Germany.
Sean Gallup/Getty Image

Public pension returns could be worst in 15 years

Jul 27, 2016
In 2001, the return was just over 12 percent. This year it could be 7.5 percent.
Long-term returns for pensions are forecast to drop to about 7.5 percent.
John Moore/Getty Images

Investment returns falter at CalPERS

Jul 19, 2016
The nation's largest public pension fund posted a gain far below expectations.
: The California Public Employees' Retirement System building in Sacramento, California. 
Max Whittaker/Getty Images

Puerto Rico's pensions — The money's running out

Apr 15, 2016
Many Puerto Ricans are worried about their retirement money in the face of the territory's debt crisis.
A view of the Puerto Rico landscape.
Filipa Rodrigues/Marketplace

US cities facing issues over pension packages

Apr 7, 2016
Philadelphia alone has a $6 billion pension deficit.
People, mostly union and retired city workers, protest in front of the U.S. Courthouse during the beginning of Detroit's bankruptcy eligibility trial back in 2013. 
Bill Pugliano/Getty Images

For public good, not for profit.

Pension advances draw scrutiny

Sep 29, 2015
Are plans that buy future pension payments for a lump sum basically pricey loans?

How bad are Chicago's debt problems, really?

Jun 9, 2015
...and how did our third-largest city end up with a junk-bond rating from Moody's?

Why CalPERS wants a little less to do with Wall Street

Jun 8, 2015
CalPERS wants to reduce the number of investment managers that it uses.