We’ve written about the growing retirement security crisis many times. We’re not the only ones to warn about it either. Back in October, the Government Accountability Office issued a significant report on the lack of retirement security for many working …
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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 …
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On Tuesday, we wrote about a new case study examining the experiences of Palm Beach, FL after the town closed its defined benefit pension plan for police officers, firefighters, and other municipal employees. Palm Beach is certainly not the only …
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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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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 …
Read more
By now, the story of public pensions in Kentucky has become a familiar one: after years of underfunding by the state government, the public pension plans in the Bluegrass State are among the most poorly funded in the nation. Last …
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