When average Americans confront the complicated problem of how much to save for retirement, they often use so-called “rules of thumb,” or greatly-simplified approaches, to figure out how much to save ...

Desperate General Electric is cleaning up its balance sheet. One method: let 100,000 ex-employees give up valuable pensions in return for lump sums. Stingy lump sums. One 55-year-old who has publicly ...

When companies offer a pension, it's common to give retirees two options: collect the pension as a lifetime monthly payment ...

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Central government pensioners are keenly awaiting the 8th Pay Commission's recommendations, with the fitment factor is likely ...