W.Va. Pensions Board Scales Back Premium Hike

CHARLESTON, W.Va. (AP) — The agency that manages pensions for West Virginia’s public workers is relenting on plans to increase premium charges sharply.

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Posted in Retirement News

In America’s Gyms, More Than a Touch of Gray

As more adults near retirement age, gyms are adapting to meet the needs (and musical tastes) of a less-agile membership.

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The Job You Make

Nearly one in five of the businesses created in 2008 were by people 55 and older, but success isn’t as easy as some make it seem.

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Matching Life Experience With New Careers

Many emerging jobs are are a natural fit for older people looking for new career opportunities.

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Bad Investment Advice Can Turn a Free Meal Costly

Regulators say older investors should be aware of fraudulent investment advisers who promise sure-thing returns for retirement savings.

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U.S. To Assume Toyota / GM Joint Venture Pensions

WASHINGTON (Reuters) – The U.S. agency that insures corporate pensions will assume plans covering 5,800 workers and retirees of a joint venture in California between Toyota Motor Corp and General Motors Co that closes at the end of the month.

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Utah Legislature OKs Retirement System Overhaul

SALT LAKE CITY (AP) — Two bills to overhaul the state’s retirement system cleared the Utah Legislature on Monday.

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Lawmakers Move to Stop Raids on NJ Pension Funds

TRENTON, N.J. (AP) — New Jersey lawmakers want to reverse years of raids on state retirement funds by requiring the state to pay its annual share into the pension system.

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BT Defends Fee Increase For Pension Deficit

LONDON (Reuters) – BT Group has defended proposals to increase wholesale charges to plug its gaping pension deficit as rivals called for shareholders to foot the pension bill.

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Too Many Choices: A Problem That Can Paralyze

An overload of options, researchers say, may actually push people into decisions that are against their own best interest.

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