Allegheny County is facing a major financial crisis that leaders are unsure how to address.

A legal battle over the future of Allegheny County’s pension fund unfolded in court Tuesday, as a lawyer representing the district attorney’s office argued the county and its retirement board have ...

Allegheny County is facing a major financial crisis that leaders are unsure how to address.

While private-sector pension terminations and freezes are grabbing headlines, the situation is every bit as grave for government pension systems. Like many of the remaining traditional defined-benefit ...

Bermuda’s public service pension funds will run out of money in 2045, meaning that today’s public servants — and some pensioners — will have no pension in two decades’ time unless something changes.

Reports of the public pension crisis are greatly exaggerated. A little digging and you discover that while there are some states and cities that truly do face a pension crisis, for the most part it is ...

The outgoing state comptroller said the next mayor of Chicago needs to have a "come to Jesus moment" with union leaders and demand the concessions needed to prevent city employee pension funds from ...

For years, leaders have debated solutions for Chicago's public pensions, but new ideas are urgently needed. Last fall, the University of Chicago's Harris School of Public Policy launched its inaugural ...