June 27, 2017

The Shift to 401(k)s Has Decimated Retirement Savings

Long time readers of Defined Benefit know that 401(k)-style defined contribution plans have largely failed working families. Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s, …

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June 21, 2017

Josh McGee: Playing Both Sides in Houston

During its legislative session this year, the Texas Senate confirmed Josh McGee as the Chairman of the Texas Pension Review Board. This should concern everyone who cares about the retirement security of public employees in Texas because McGee is also …

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June 16, 2017

This Week in Pensions: June 16, 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 …

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June 15, 2017

States Will Be Hit Hard by Cuts to Federal Employee Pensions

In his 2018 budget proposal unveiled last month, President Donald Trump proposed attacks on the pensions of federal employees. We wrote about how harmful these cuts would be to the retirement security of federal employees. However, these proposed cuts would …

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