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 …
As we’ve written before, Pennsylvania faces an ongoing standoff over its budget and at least part of the fight has to do with pensions. Earlier this month, Democratic Governor Tom Wolf and Republican leaders in the state legislature announced a …