A wisely managed retirement plan for cops and firemen is shaken down to shrink a deficit.

Supporters say the unprecedented move will still protect pension benefits. The lawsuit says it leaves them at risk.

OLYMPIA — Washington state lawmakers are moving to tap about $3 billion of surplus funds from a police and firefighter pension account to help plug the multibillion-dollar budget deficit, a tactic ...

More than a half-billion dollars from the state's pension fund is proposed to be invested in new high-risk private equity and private credit investments, including funds tied to controversial ...