Pew Charitable Trusts is a respected institution studying many different aspects of American life. Legislators, civic leaders, and everyday Americans rely on Pew for objective, high-quality data and analysis on various issues. So why is one small division of Pew …
Today, thousands of workers and retirees rallied in Puerto Rico to protest ongoing austerity measures, including proposed cuts to public pensions. Puerto Rico’s public pensions have been threatened for years by the long-lasting debt crisis and other calamities to befall …
Retirement has long been a part of the American dream. Throughout the twentieth century, the belief was that after a lifetime of hard work, workers could retire and enjoy their golden years. When defined benefit pensions were still common in …
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 …
The financial crisis and Great Recession had a devastating effect on public pension plans. On average, public pension plans lost about a quarter of the value of their assets due to the crisis. In the years since the recession, almost …
Today is Tax Day. We thought this would be a good time to re-post a blog post from two years ago that answered the question: how many tax dollars go to public pensions? Taxpayer contributions to public pensions represent a …