The federal government still processes retirement applications manually in a Pennsylvania limestone mine, a system Elon Musk criticized as outdated and inefficient.

Federal employee retirements are processed using paper, by hand, in an old limestone mine in Pennsylvania. 700+ mine workers operate 230 feet underground to process ~10,000 applications per month, ...

Elon Musk has made a number of exaggerated or unevidenced claims during an Oval Office event alongside President Donald Trump ...

Elon Musk discussed the inefficiencies of federal employee retirement paperwork, which is manually processed in a converted ...

Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.