PHOENIX, Ariz. – Healthy pension plans for public workers help the Arizona economy, not just the retirees who get the checks, according to the latest research. Backers of Arizona’s public pension system say their defined-benefit retirement plans are doing well, although …
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Although state retirement systems have made a strong recovery from the Great Recession to reduce once-yawning funding gaps, years of tax cuts could come back to haunt states and force them to reduce retirement benefits. That’s according to a report …
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Service is a special word. Americans grant the word to our servicemen and women around the globe protecting our country, and to police officers, firefighters and educators in our communities. Dedicating one’s life to service requires a special type of …
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Of all the issues likely to come up during the 2020 budget session, a solution for retirees on the state’s pension system — who have not seen a cost-of-living increase to their benefits in more than a decade — is …
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There are millions of state and local public employees across the U.S who are not covered by Social Security, and are banking instead on government pensions as a main source of retirement income. Researchers with the Urban Institute recently highlighted how these …
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Newly elected Kentucky Gov. Andy Beshear has released a financial analysis of a 2017 pension reform proposal that his predecessor Matt Bevin had commissioned and then kept hidden from the public. What the report shows will not be welcome news …
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