February 22, 2016
Earlier this month New Jersey Governor Chris Christie ended his campaign for the Republican presidential nomination. For the people of New Jersey, this will hopefully mean serious financial issues the state is facing can now be addressed. Christie virtually ignored …
February 19, 2016
Almost all public employees in Wyoming have their defined benefit pension managed by the Wyoming Retirement System. WRS manages eight separate pension plans for over 700 different employers statewide. These include pension plans for firefighters, law enforcement officers, and public …
February 18, 2016
We’ve mentioned cash balance pension plans a few times on this blog. Pew’s Public Sector Retirement Systems project and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans …
February 16, 2016
A recent study from researchers at the University of California, Berkeley, confirmed what we here at NPPC already know: traditional defined benefit pensions provide more retirement income for teachers than 401(k)-style plans. This comes as a surprise to no one. …
February 12, 2016
Sunday is Valentine’s Day. People all across the country will be giving chocolates and roses to the ones they love. Here at NPPC we love public pensions- and we know you do too! Pensions have everything you are looking for: …
February 11, 2016
It might not be on your calendar, but today is the first meeting of the Texas Pension Review Board this year. The PRB consists of seven members appointed by the governor to oversee public pension plans in the state. Recently, …
