Retiree Finances

Some states suing feds also claim health subsidies
WASHINGTON - More than half a dozen states suing to overturn President Barack Obama's health care law are also claiming its subsidies for covering retired state government employees, according to a list released Tuesday by the administration.

DENVER - Colorado's pension fund is back on track toward solvency after state lawmakers became the first in the nation to cut retiree benefits to prevent its pension system from going broke, auditors said Monday.

CARSON CITY, Nev. - A state panel has voted to slash benefits for tens of thousands of Nevada public employees, retirees and their dependents, including eliminating some benefits and drastically reducing others.

DETROIT - Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength.

DETROIT - Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength.
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