Retirement & Benefits

Plans are looking at creative ways to mitigate liability exposures, including derivative hedging strategies.

If approved, settlement will get bankrupt city out of $288 million in swaps contracts originally bought to protect pension plan against rising interest rates.

If approved, settlement will get bankrupt city out of $288 million in swaps contracts originally bought to protect pension plan against rising interest rates.

Local and state financial problems are accelerating largely because of public entities' pension plans, he says.

Local and state financial problems are accelerating largely because of public entities' pension plans, he says.

Survey shows health insurance companies expect plan costs to rise less quickly this year than last year.