February 29, 2016
Teachers in Indiana scored a victory last week when a controversial bill that would have made harmful changes to their state pension was defeated. House Bill 1004 died in the state senate due to a lack of support. While HB …
February 26, 2016
We’re starting a new series here at Defined Benefit. “This Week in Pensions” will gather the best stories about pensions from the previous week. This will be your go-to source for the news you need to know about retirement security. …
February 24, 2016
The Public Sector Retirement Systems project, a division of the Pew Charitable Trusts, is a well-known source of information on a variety of topics from religion in public life to the health of the oceans. In one particular area though, …
February 22, 2016
Earlier this month New Jersey Governor Chris Christie ended his campaign for the Republican presidential nomination. For the people of New Jersey, this will hopefully mean serious financial issues the state is facing can now be addressed. Christie virtually ignored …
February 19, 2016
Almost all public employees in Wyoming have their defined benefit pension managed by the Wyoming Retirement System. WRS manages eight separate pension plans for over 700 different employers statewide. These include pension plans for firefighters, law enforcement officers, and public …
February 18, 2016
We’ve mentioned cash balance pension plans a few times on this blog. Pew’s Public Sector Retirement Systems project and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans …
