October 9, 2015
Many people don’t understand how pensions work – unlike the loyal readers of ‘Defined Benefit’ – so here’s a short primer on how pensions get their money. Typically, it is from three sources: employee contributions, investment returns, and employer contributions. …
October 7, 2015
Pensions provide retirement security to many workers, but one group that particularly benefits from the security of a reliable pension is women. On average, women in the U.S. make 78 cents for every $1 a man makes. This pay inequity …
October 5, 2015
Politicians in Pennsylvania have been trying to gut worker pensions for years. In this state-focused series at Defined Benefit, we’re going to give you the background on this battle to protect retirement security in Pennsylvania. Let’s begin with some history. …
October 2, 2015
Many Americans believe that a retirement security crisis is looming; they feel it in their daily lives. Many Americans also believe that one of the benefits of a lifetime of hard work should be a secure retirement. The question for …
September 30, 2015
The health of Alabama’s pension system has been in the news a lot recently. Why the sudden interest in Alabama’s pensions, you might ask? Well, it has a lot to do with some familiar faces: Enron billionaire John Arnold and …
September 28, 2015
Today we continue shining a spotlight on anti-pension politicians and activists by turning to the story of John Arnold. Arnold got his start at Enron, where he left with an $8 million golden parachute as the company collapsed, wiping out …
