Archive for 2015

October 9, 2015

Where Do Pensions Get Their Money?

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. …

Read more

October 7, 2015

Women and Retirement Security

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 …

Read more

October 5, 2015

Spotlight on: Pennsylvania

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. …

Read more

October 2, 2015

Defined Benefit vs Defined Contribution: the Basics

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 …

Read more

September 30, 2015

Spotlight on: Alabama

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 …

Read more

September 28, 2015

Spotlight on: John Arnold

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 …

Read more