The value of assets in state retirement systems fell by $641.3 billion to $2 trillion in 2009, the U.S. Census Bureau said in a report on Thursday that showed the deep damage done to pension funds by the financial crisis. Full story
New York elected officials, lobbyists and placement agents will be permanently barred from dealing with the state's pension fund under new rules Governor Andrew Cuomo proposed on Tuesday. Full story
A former public official accused of orchestrating a scam that nearly bankrupted a working-class Los Angeles suburb set up a secret pension fund containing $4.5 million to skirt retirement limits for California public employees, according to a newspaper report Monday. Full story
CNBC's Herb Greenberg has the story on the trillions of dollars of stock investments in pension funds that may be primed to hit the market as companies ponder closing these funds.