Archive for June, 2016

June 30, 2016

How Are Pension Benefits Calculated?

Defined benefit pensions are the most secure and reliable way to provide retirement security for working families. The key feature of pensions is that they pay a guaranteed monthly benefit for life. This provides retirees with unparalleled retirement security and …

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June 28, 2016

State Pension Update 2016: Louisiana end of session

Last week, the Louisiana legislature concluded its second special session of the year. Sandwiched in between those special sessions was its brief regular session. Despite the ongoing budget challenges there, this was a successful year in the fight to protect …

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June 23, 2016

State Spending and the Funding of Pensions

If you are a long time reader of Defined Benefit, then you know that pensions remain the best way for working families to save for retirement. Pensions are more cost-effective than defined contribution 401(k)-style plans and provide more income in …

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June 16, 2016

Real Pensions, Real People

Teachers. Firefighters. Police officers. Behind every pension is a public servant who has dedicated their career to keeping our communities safe and prosperous. Popular rhetoric around public pensions often distracts from the true issue at hand; these aren’t numbers, these …

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