This week is National Save for Retirement Week. Established by an act of Congress in 2006, this week is intended to raise awareness and promote participation in employer-sponsored retirement savings plans. We at the National Public Pension Coalition believe every …
Although Oklahoma has well-performing public pensions that follow the nationally recognized best practices for pension plans, it has still been a battleground for public pensions the past several years. The conservative state legislature has considered a number of bills over …
In today’s post, we continue to shine a spotlight on right-wing politicians and anti-worker ideologues who are leading the charge to gut public pensions. Today’s subject is Illinois governor Bruce Rauner. While relatively new to the office and without the …
We’ve written before about John Arnold, the former Enron energy trader turned hedge fund billionaire, who has made it his mission to gut public pensions across the nation. We’ve also highlighted one of his notable failures: his single-handed attempt to …
Many people don’t understand how pensions work – unlike the loyal readers of ‘Defined Benefit’ – so here’s a short primer on how pensions get their money. Typically, it is from three sources: employee contributions, investment returns, and employer contributions. …
Pensions provide retirement security to many workers, but one group that particularly benefits from the security of a reliable pension is women. On average, women in the U.S. make 78 cents for every $1 a man makes. This pay inequity …
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/