March 23, 2017
Pensions might look like a pot of gold to politicians right now, but they should go follow another rainbow if they want extra funds to pay state bills. Public pension funds need to stay right where they are.
February 24, 2017
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 …
February 17, 2017
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the …
December 9, 2015
Late last year, the National Institute on Retirement Security re-released a report on the economic efficiency of defined benefit pensions. This updated report, titled “Still a Better Bang for the Buck”, finds that pensions remain a more efficient and reliable …
September 14, 2015
Just the other day, Matt Bevin, a candidate for governor of Kentucky attacked the retirement security of public workers in Kentucky when he declared, “We have to move to a defined contribution plan, period.” When politicians like Matt Bevin attack …
September 9, 2015
We all know that pensions provide a safe and secure retirement for public employees in a cost-effective way. In many states, though, anti-pension ideologues and politicians try to sell pension “reform” as a way to save money for the state. …
