Personal Finance Advice and Commentary

Monday, January 05, 2015 1:55 pm
By Jennie L. Phipps · Bankrate.com

We’re living longer and that’s making it more expensive for companies to fund their old-fashioned defined benefit pension plans.

Tuesday, November 18, 2014 3:28 pm
By Jennie L. Phipps · Bankrate.com

Some union pensions are running out of money and fixing the problem isn’t easy.

Monday, August 18, 2014 5:16 pm
By Jennie L. Phipps · Bankrate.com

If you don’t have retirement savings, it is particularly important to get your retirement ducks in a row before you call it quits.

Friday, June 06, 2014 4:10 pm
By Jennie L. Phipps · Bankrate.com

Some pension plans are grossly underfunded. One “solution” under discussion involves cutting benefits to current and future retirees. Is that right?

Friday, April 04, 2014 3:54 pm
By Jennie L. Phipps · Bankrate.com

Pension plans of many unionized workers are threatened by shrinking contributions.

Monday, February 03, 2014 5:09 pm
By Jennie L. Phipps · Bankrate.com

The Pension Benefit Guarantee Corp. splits union pension fund in an innovative move to save Hostess workers’ retirements.

Wednesday, January 08, 2014 5:25 pm
By Jennie L. Phipps · Bankrate.com

The Pension Benefit Guarantee Corp. says it owes more than $280 million to about 31,000 pensioners whom it can’t find.

Wednesday, May 08, 2013 4:28 pm
By Jennie L. Phipps · Bankrate.com

Fixing troubled, multiemployer union pensions won’t be easy.

Tuesday, January 15, 2013 4:15 pm
By Jennie L. Phipps · Bankrate.com

If you forgot about a pension benefit from a former employer, the PBGC could be looking for you.

Tuesday, November 27, 2012 5:10 pm
By Jennie L. Phipps · Bankrate.com

The Pension Benefit Guarantee Corp. raised the maximum amount of a pension it will guarantee. Good news for those with old-fashioned defined benefit pensions.

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