The result was a vast shift of pension assets into the stock market.

The return on its pension assets fell 11.5 percent through October.

Even though the value of its pension assets has gone back up, its obligations have grown, too.

States have significant time before the pension assets are exhausted.

Under a cash balance plan, there is still a pool of pension assets.

But the department said it was convinced that enough safeguards were in place to protect the pension assets of employees.

The council members manage $2 trillion in pension assets for public and university employees.

A central issue in the dispute is the question of who controls pension assets.

"Spending needs to be cut, not our pension assets seized."

Living longer puts extra pressure on pension assets to produce the necessary income in the future.