What happens when a state abandons its defined benefit pension for a riskier, 401(K)-style plan? Taxpayers lose – According to the National Institute on Retirement Security, “for a given level of retirement income, a typical 401(k) plan costs 91% more …
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The fight to protect pensions is a national one, but the battles are fought state by state. NPPC works with state partners across the country to protect pensions from attacks by John Arnold, Pew, and their allies. Today we want …
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Despite its name, the Reason Foundation cannot be trusted to provide accurate information regarding public pensions. This so-called “think tank” promotes a radical anti-government agenda that is openly hostile to public employees and their retirement security. They have also accepted …
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Once there was a time in America when retirement meant enjoying your golden years. It could be taking a long-awaited trip, volunteering in your community, or spending time with the grandkids. Retirement, however, did not mean continuing to work. Unfortunately, …
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It seems like protecting pensions is a never-ending battle these days. The year 2017 certainly saw its share of attacks on the retirement security of teachers, firefighters, nurses, and other public employees. Before we look ahead to next year, it’s …
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Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the …
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