retirement funds

2 Stories

MyRAs Not Enough to Fight 'Retirement Crisis'

President Obama's proposal is only a modest start: opinions

(Newser) - President Obama's MyRA proposal, announced at the State of the Union , is not enough to save the retirement system. At least that's the takeaway from two columns on the plan:
  • "The system is failing," write the editors at Bloomberg . Workers aren't saving enough, employers aren'
... More »

Detroit Officials Take $22K Taxpayer-Funded Hawaii Trip

Pension trustees attend conference at resort with public money

(Newser) - Detroit is $15 billion in debt, but that hasn't stopped some officials from visiting a resort in Hawaii on the public dime. Four city public pension fund trustees used $22,000 of retirement system funds to attend a conference at a four-star resort in Honolulu this week, reports Reuters... More »

2 Stories