Unions are pushing for a new program that would allow employees near retirement to receive contributions as a lump sum.

Lawmakers are weighing a proposal that would let California Highway Patrol officers and state firefighters defer retirement while continuing to work, then receive a lump‑sum payout of pension ...

A full career as a California Highway Patrol officer or a Cal Fire firefighter often ends with a six-figure pension that provides a comfortable retirement after countless hours spent in harm’s way.

A full career as a California Highway Patrol officer or a Cal Fire firefighter often ends with a six-figure pension that provides a comfortable retirement after countless hours spent in harm's way.

This story was originally published by CalMatters. Sign up for their newsletters. A full career as a California Highway Patrol officer or a Cal Fire firefighter often ends with a six-figure pension ...

What Is a Nonqualified Deferred Compensation? A nonqualified deferred compensation (NQDC) plan is an arrangement where employees can defer receiving a portion of their compensation until a later date, ...

As you approach retirement, one of the most important considerations is securing reliable income streams that will support you through the remainder of your life. Alongside Social Security, pensions, ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...