Alaska’s public employees could be getting nearer to having the option for a traditional pension plan, instead of the 401(k)-style plan new employees were controversially forced into starting in 2006.
So why does Gov. Cuomo’s plan vilify middle class retirement security?
In the wake of numerous federal and state proposals to diminish public pension systems, state leaders and national experts gathered today at the National Press Club to make the case for the effectiveness of defined benefit pension plans.
Rupert Murdoch’s Wall Street Journal, the Pravda of the 1 percent, is at it again, continuing its push to gut the retirement security of millions of middle class workers across the country while enriching the Wall Street moneymen who just three years ago took our economy over the cliff.
For many Americans, the dream of a worry-free retirement remains elusive. NBC’s Anne Thompson explains why.