Pension Meltdown
Puerto Rico Takes a Page from Argentina’s Playbook

At the same time it was reforming its pension plans for teachers, Puerto Rico was also borrowing money from its own public employee retirement funds to plug a hole in its budget. Is Puerto Rico going the way of Argentina?

Pension Meltdown
One Stop Shop For The Pension Crisis

America’s pension crisis is one of the biggest stories and challenges of our time, and we’ve been doing our best these past few years to provide frequent and in-depth coverage. For those who want more, Fox Business is providing a new resource that we’ll be checking regularly for all things pension, and you should too.

Pension Meltdown
China’s Pensions Take a Step Back

China’s pension problem may be even worse than we previously thought. The country’s pension systems were already facing high debts and low annual returns, but in the past year, growth has slowed by an alarming 71 percent, and many areas have already resorted to raiding the future retirement funds of future workers to pay pensions for the currently retired. This comes despite the fact that many private companies contribute 20 percent of their employees’ wages to the funds.

Pension Meltdown
America's Pension System is Failing Those Who Need it Most

Social Security, Medicare, and 401(k)-style retirement programs are the three pillars of America’s retirement system, and all three have serious problems. Social Security discourages private savings, Medicare is a financial time bomb, and it’s difficult for the less well-off to take advantage of 401(k) plans. Meanwhile, it’s becoming harder for Black and Hispanic Americans to save on their own. We need to fix this, fast.

We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
© The American Interest LLC 2005-2024
About Us Privacy
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.