All in all, 2016 was a good year for public pensions. States and cities chose to protect and preserve their defined benefit pension plans and the city of Palm Beach, FL, moved back to a defined benefit plan from an …
Read more
Around this time of year, many children- and some adults- are very concerned about whether they made it onto the naughty or nice list of a jolly old man who lives up north. Here at NPPC, we also keep a …
Read more
Often when we talk about public pensions, we focus on the individual teacher, firefighter, or other public employee who earns a secure retirement through their pension. That is certainly one of the best features of defined benefit pensions: workers know …
Read more
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the …
Read more
As we’ve written about on this blog, the prevalence of defined benefit pensions has declined in the private sector and this has hurt working families. In the public sector, though, defined benefit pensions remain quite common. According to a recent …
Read more
In August, we wrote about the decline of traditional pensions in the private sector. One of the major reasons for private companies abandoning pensions was a series of laws beginning in the 1980s and culminating in the Pension Protection Act …
Read more