Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the best news stories about pensions and retirement security from the previous week. This is the news you need to know in the fight for a secure retirement.
Here are this week’s top stories:
- Retirement Security: It Impacts All Voters Yet We’re Hearing Nothing About It by Bailey Childers: writing in the Huffington Post, NPPC’s executive director discusses why we hear so little from the presidential nominee’s about the critical issue of retirement security. Childers called on candidates to protect the dream of a dignified retirement: “As candidates hit the trail this fall, they should call for the protection and expansion of retirement savings and access… Gutting pensions or privatizing Social Security will leave us in a bigger mess than we are already in, with the dream of retirement gone for the majority of our country.”
- Retirement security at top of wish lists for next president by Hazel Bradford: continuing with the presidential campaign, Pensions & Investments looks at a number of different issues relating to retirement security that will be facing the next president.
- State Pensions Aren’t Washington’s Problem by Hank Kim and Diane Oakley: writing in separate letters to the Wall Street Journal, the executive directors of NCPERS and NIRS each address the flawed arguments made in a recent editorial that called on Congress to dramatically overstep its bounds and meddle unnecessarily in state public pension plans.
- San Jose: Leaders to finalize Measure B replacement ballot by Ramona Giwargis: former San Jose mayor Chuck Reed passed the controversial Measure B during his tenure. After numerous lawsuits, the courts struck down Measure B for its unconstitutional violations of city employees’ vested rights. Now the new mayor and city council have worked with city employees to create a replacement for Measure B that is agreeable to all sides. San Jose’s political leaders will soon unveil the language of that replacement, which will be placed before voters this fall.
Also, don’t miss our coverage of the Democratic National Convention on the Defined Benefit blog this week. And be sure to check back next week for the latest news in the fight for a secure retirement!