August 31, 2016
If you are a regular reader of Defined Benefit, then you already know that we don’t care for defined contribution plans like 401(k)s that have many failings when compared to traditional pensions. One of these failings is that they provide …
August 25, 2016
Last month on the blog, we talked about Kansas and how harmful right-wing tax policy there had ruined the state’s budget and threatened public pensions and other critical state services. A similar situation is happening in Oklahoma. Just like in …
August 23, 2016
In 1981, during the dictatorship of General Augusto Pinochet, Chile radically reformed its pension system. It changed from a traditional public pension system to a system of mandatory individual retirement accounts. These accounts are privately managed by firms selected by …
August 19, 2016
Welcome to the latest edition of This Week in Pensions! As we do each week, 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 …
August 18, 2016
Last week the Kinder Institute at Rice University released a report examining the causes of the growth in Houston’s unfunded pension liabilities. The report also proposed several possible changes to reduce the unfunded liability. The report focuses on the combination …
August 16, 2016
Last week eight major universities were sued by their own employees for failing to curb excessive fees in their retirement plans. In a series of class action lawsuits filed across the country, the plaintiffs allege that the universities failed to …
