Due in large part to low levels of wealth, black households are much less likely than their white counterparts to have substantial retirement savings. And while black wealth has fallen in recent years, access to well-funded defined benefit pension plans …
Most Americans count on Social Security as a significant piece of their retirement plan. For some, it will be a nice supplement to their pension or their personal savings; for others, it will be their entire retirement benefit. The nation …
Pensions are a promise. In fact, pensions are a form of deferred compensation. Public sector employees- such as teachers, firefighters, and nurses- accept lower salaries during their working years in exchange for monthly contributions from their employer toward their pension. …
Unfortunately, Kentucky and its public pensions have been in the news a lot lately. I say unfortunately because Kentucky’s pensions do suffer from a real underfunding problem and the state just elected a new governor who campaigned on gutting those …
Today’s blog post was written by our intern Jennifer: Like most public employees, my father has dedicated his life to helping others. His passion for service propelled him to pursue a career as a police officer in Muncie, Indiana. Although …
John Arnold has been all over Bloomberg lately. He was the protagonist of two articles last week. You’ve heard plenty from us about Arnold before. The Bloomberg Business profile didn’t reveal anything new about the anti-pension billionaire other than that …
Check out the latest edition of This Week in Pensions! Like and share to help #ProtectPensions
https://protectpensions.org/2023/03/31/this-week-in-pensions-march-31-2023/
Check out our newest blog to learn what kind of retirement plans the states offer to public employees: https://protectpensions.org/2023/03/30/the-state-of-pensions-state-by-state/
Access to a pension, Social Security and retiree healthcare no longer guarantees a secure retirement for public workers given rising health costs and longer lives. Read Dan Doonan's latest Forbes column on new research with Aon. http://ow.ly/1l7T50NtQZB #retirement
On average, women earn 84% of men's wages. That percentage is even smaller for women of color–contributing to income insecurity in retirement. Pensions help to close these income gaps for women and provide security in retirement. https://protectpensions.org/2023/03/22/pensions-help-women-close-the-income-gap-repost/