Archive for December, 2015

December 11, 2015

Pensions as Economic Stimulus

Earlier this week, I wrote about the economic efficiency of pensions in providing retirement income to individual workers. Defined benefit pensions have many advantages that make them more cost efficient than 401(k)s. Beyond the advantages for the individual saving for …

Read more

December 8, 2015

African-Americans and Retirement Security

Due in large part to low levels of wealth, black households are much less likely than their white counterparts to have substantial retirement savings. And while black wealth has fallen in recent years, access to well-funded defined benefit pension plans …

Read more