May 2026
11May

U.S. investors demand executive pension changes

Proposals by U.S. investor activists to rein in executive pensions will be put to a key test this week when the initiatives go to votes at companies including AT&T Inc. and Johnson & Johnson . Shareholders who want a greater say in setting CEO pay complain that senior executives have accumulated unreasonably large amounts of money in company-funded pension plans. They want to limit what can be considered a senior executive's income when tallying how much the company should contribute to the pension,...

May 11, 2026
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07May

US. Retirement Savings Fall Far Short of Longevity Expectations

The current life expectancy is 79 years old, but on average U.S. adults surveyed by Pew Research hope to live until 91, according to the 2026 Mind, Body and Wallet report by the Guardian Life Insurance Co. of America, a provider of workforce benefits, retirement and wealth solutions.  The wish for longer life, however, did not align with Guardian respondents’ preparedness for a longer retirement. Compared with the previous 15 years that Guardian published its Mind, Body and Wallet report, 2026 results showed persistently low levels of overall wellbeing and financial health. For the third consecutive...

May 7, 2026
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06May

US. For some older people, retirement today means unretiring

On weekday mornings, Myndie Friedman is out the door just as the sun rises over the Atlantic Ocean, a block from her home in Long Beach, New York. Friedman's first stop is a 7:30 a.m. bus, which she takes to a local train station for a roughly hourlong trip into Manhattan's Midtown neighborhood. Then she hops on the subway before exiting and hoofing it 10 minutes to her office job. Total commute: two hours door to desk, along with another...

May 6, 2026
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April 2026
30Apr

US. These workers are allowed to save $35,000 a year in their 401(k)s. Here’s how many actually do it.

Super catch-up contribution rates are low: ‘Most people don’t have that kind of discretionary income’ Super catch-up contributions — which allow older workers to pack their 401(k) accounts to the tune of nearly $35,000 a year — might be a little less than super when it comes to participation rates, in part because most workers can’t afford to make them. Under the Secure 2.0 legislation passed by Congress in 2022, people ages 60 to 63 who participate in workplace retirement plans...

April 30, 2026
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27Apr

Baby boomers have now ‘gobbled up’ nearly one-third of America’s wealth share, and they’re leaving Gen Z and millennials behind

Older Americans may be trading in hustling for retirement, but that hasn’t stopped them from getting richer. Baby boomers now hold a record high of the United States’ wealth, Apollo chief economist Torsten Slok noted in a December blog post, citing Federal Reserve data. Compared to 1989, when those over 70 years old held 19% of the wealth in the household sector, older Americans now own 31% of the wealth. That chunk of change is an outsize share compared to other generations....

April 27, 2026
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22Apr

US. Bipartisan Bill Seeks to Deny Pensions to Convicted Members of Congress

U.S. Representatives Suhas Subramanyam (D-VA) and Anna Paulina Luna (R-FL), along with Reps. Lauren Boebert (R-CO), Emily Randall (D-WA), Nancy Mace (R-SC), and James Walkinshaw (D-VA), introduced the bipartisan Congressional Pension Integrity Act on April 21, 2026. According to a statement from Subramanyam’s office, the legislation would bar members of Congress who commit “sex crimes, crimes of violence, corruption and fraud, and engage in sexual relations with their staff,” from receiving taxpayer-funded pensions. “Members of Congress should be held to a...

April 22, 2026
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21Apr

Older People Are Hoarding the US’s Potential

Mr. Moyn is the author of the forthcoming “Gerontocracy in America.” “Ageism” identifies an enduring phenomenon: the mistreatment of older people for no reason other than being older. Americans in middle age and beyond are routinely passed over for opportunities because of the irrelevant fact of a number on paper or how they act and look after getting older. In today’s world, the unfair discrimination they cite coexists with a different kind of unfairness: a gerontocratic society in which the old...

April 21, 2026
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21Apr

US. Pension surplus era reshapes strategy as corporate plans rethink risk and returns

US corporate pension plans are entering 2026 in a position of strength, but that progress is reshaping, not simplifying, decision-making. A new report from BlackRock finds average funded ratios for defined benefit plans have reached roughly 108%, up sharply from about 87% in 2018. With many plans now overfunded, sponsors are shifting focus from closing deficits to preserving gains and determining how best to deploy surplus assets. That shift is altering long-standing investment approaches, particularly around liability-driven investing. While LDI allocations expanded significantly...

April 21, 2026
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17Apr

US. New York City to Spend $4 Billion From Pension Funds on Affordable Homes

A 33-story mixed-income high-rise in Midtown Manhattan, with rents as low as $1,000 for one-bedroom apartments. A 30-unit apartment building in the Bronx for survivors of domestic violence who have struggled with homelessness. A Brooklyn building for formerly incarcerated women and their families. These are some of the affordable housing projects that have been financed in the past several years with money from New York City’s public pension funds, which provide retirement benefits for the city’s police officers, teachers, firefighters...

April 17, 2026
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15Apr

US. Retirees are facing a $345,000 bill they never saw coming — and most aren’t prepared

Advances in medicine have extended the “golden years” for many retirees—also increasing the number of years retirement savings must support everyday living expenses. Those added years can carry a significant price tag in the form of rising healthcare costs. Recent studies suggest healthcare can become a six-figure retirement expense, even for people who do “everything right.” Yet planning lags. A recent D.A. Davidson survey of U.S. adults found that while 8 in 10 are concerned about healthcare costs in retirement,...

April 15, 2026
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