April 25, 2017
Is anyone else experiencing some serious deja vu? Michigan Senate Majority Leader Arlan Meekhof has been tossing around the idea of closing the Michigan Public School Employees Retirement System (MPSERS) pension plan and moving new hires to a defined contribution …
April 21, 2017
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the …
April 19, 2017
Should I stay or should I go? This question is more than just the refrain from the insanely catchy 1982 hit by The Clash. It’s also a daily quandary facing Oklahoma’s underpaid educators. Shawn P. Sheehan, Oklahoma’s 2016 Teacher of …
April 13, 2017
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 …
April 11, 2017
Long-time readers of Defined Benefit are familiar with John Arnold, the money behind many attacks on public pensions. Loyal readers have also heard about the Pew Research Center, which uses Arnold’s money to promote flawed anti-pension research, and the Retirement …
April 6, 2017
When a state closes a public pension system, the consequences are widely felt. Unfunded liabilities skyrocket and plan costs rise. Defined contribution 401(k) plans cost 91% more than pensions, with the burden falling on taxpayers. No one feels these consequences …
