Unlike in a personal savings account, the employees typically don’t put in their own money in a pension account. The longer an employee works for a company, the more money is in their pension.

Pension annuity – guaranteed retirement income in exchange for a lump sum or regular premiums. Learn how it works, its types, purchasing process, and pros & cons.

When you reach retirement age, you need to get back in touch with the folks who run the pension for your old company and apply for your benefit.

Federal legislation to protect workers’ retirement savings was signed into law in 1974: the Employee Retirement Income Security Act, or ERISA. It's having a midlife crisis.

Whichever type of plan you are offered at work, make sure you understand all of its rules so you can get the most out of it. If your company offers a pension plan, ask about how it calculates your ...

Artificial intelligence could help public pension funds looking to cut costs and increase their private markets investments, ...

but I believe I worked there long enough to be vested in their pension plan. I also don’t recall whether I ever received a deferred vested letter upon separation. This company has been acquired ...