Archive for February, 2018

February 13, 2018

Pension cuts hurt employee recruitment and retention

In 2012, Palm Beach, Florida decided to close all of its public pension plans and move current and future employees to a hybrid defined benefit-defined contribution plan. This move gutted retirement security for public employees. In response, Palm Beach experienced …

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February 1, 2018

Public Pensions Strengthened Their Funding in 2017

Public pension plans continued to improve and strengthen their funded status last year. That is the takeaway from a new report by the National Conference on Public Employee Retirement Systems (NCPERS). With many plans earning double-digit investment returns, pension plans …

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