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Personal Finance Video

Labor unions file pension lawsuit against Puerto Rico

Puerto Rico violated a law meant to safeguard the pensions of its public-sector workers who have been unable to invest the more than $300 million they contributed to a new retirement plan, according to a lawsuit filed against the U.S. commonwealth's government and others by two labor unions on Thursday.

FILE PHOTO: Chicago Mayor Rahm Emanuel speaks during an interview at City...

Chicago's focus turns to pensions after budget approval

The Chicago City Council on Wednesday gave overwhelming approval to the final budget proposed by Mayor Rahm Emanuel, who leaves office next year, and who said he will address looming pension funding challenges in December.

Life Lessons

Mark Miller on Retirement