![Screen shot 2015-02-17 at 4.00.26 PM](http://www.openretirement.org/wp-content/uploads/2015/02/Screen-shot-2015-02-17-at-4.00.26-PM1-e1424466133592-150x120.png)
Social Security Q&A: Will Taxes on My Pension Increase My Social Security Benefits?
Question: I am a retired teacher in Arizona. Federal taxes are taken out of my pension payment, but they are not reported to Social Security account. Why is this? I thought the taxes ...
![15119528655_512a87201c_z](http://www.openretirement.org/wp-content/uploads/2014/11/15119528655_512a87201c_z-150x120.jpg)
Documents: Illinois Gov. Rauner’s Budget Will Recommend Pension Cuts
Illinois Gov. Bruce Rauner will give his budget address on Wednesday afternoon. He’ll announce a number of cost-cutting proposals, and pensions are sure to be featured.
What specifically ...
![Injured Piggy Bank WIth Crutches](http://www.openretirement.org/wp-content/uploads/2014/12/6093699369_0555be5ea9_z-150x120.jpg)
Before You Take a Pension Advance, Consider the Consequences
You’ve heard of payday advances. But pension advances?
Believe it or not, businesses are popping up that allow retirees to do just that: “sell” a portion (or all) of their future ...
![6355404323_cf97f9c58e_z](http://www.openretirement.org/wp-content/uploads/2014/12/6355404323_cf97f9c58e_z-150x120.jpg)
Michigan Gov. Vetoes Pension Tax Repeal
A Michigan lawmaker this month introduced a bill to repeal the state’s tax on pension benefits. But Gov. Snyder immediately stopped the bill in its tracks by saying he would veto ...
![117048243_7cc6bb0b87_z](http://www.openretirement.org/wp-content/uploads/2014/12/117048243_7cc6bb0b87_z-150x120.jpg)
New Hampshire Supreme Court Upholds Benefit Changes With Two Recent Rulings
The New Hampshire Supreme Court has upheld several changes key to the state’s pension reforms passed since 2011, just a month after it also upheld the legality of increasing employee ...
![640px-Ky_With_HP_Background](http://www.openretirement.org/wp-content/uploads/2015/01/640px-Ky_With_HP_Background-150x120.png)
Top Kentucky Lawmaker Close to Filing Bill For Additional Teacher Pension Funding
Kentucky House Speaker Greg Stumbo says he is planning on filing a bill by the end of the week that would give additional funding to the state’s Teacher Retirement System.
The funding ...
![640px-Downtown_cincinnati_2010_kdh](http://www.openretirement.org/wp-content/uploads/2014/12/640px-Downtown_cincinnati_2010_kdh-150x120.jpg)
Cincinnati Strikes Pension Deal — Here’s What It Means For Benefits
After nearly a year of negotiations, Cincinnati and its public workers have reached an agreement that aims to increase the sustainability of the city’s pension system.
The city will ...
![9148333174_6afe25f4ee_z](http://www.openretirement.org/wp-content/uploads/2014/12/9148333174_6afe25f4ee_z-150x120.jpg)
Low-Income Detroit Retirees Can Apply For Pension Aid — But They Only Have Until Dec. 31
Low-income retirees living in Detroit can apply for aid to offset some of the pension cuts brought on by the city’s bankruptcy this year.
The program is a one-time offer – and ...
![6793829413_369c06f927_z](http://www.openretirement.org/wp-content/uploads/2014/12/6793829413_369c06f927_z1-150x120.jpg)
Do Pensions Give Retirees a False Sense of Retirement Security?
At one time, pensions were seen as the safest, most secure stream of retirement income. But the security of pension benefits is no longer rock-solid. That raises the question: do pensions ...
![480px-Seal_of_Kansas.svg_](http://www.openretirement.org/wp-content/uploads/2014/12/480px-Seal_of_Kansas.svg_-150x120.png)
Kansas to Weigh Privatization of Pension System
Kansas Gov. Sam Brownback’s team is reportedly exploring options to reform the state’s pension systems.
One option on the table: privatization.
From the Associated Press:
Two top ...