August 20, 2018
The goal of a retirement savings plan, like a pension, is to replace a certain amount of pre-retirement income during retirement. In earlier periods of American history, many elderly citizens spent their last years in desperate poverty with little savings …
August 16, 2018
The move away from pensions and toward 401(k)s has gutted retirement security for many Americans. Defined contribution plans, like 401(k)s, are risky and unreliable and disproportionately benefit the wealthy. An increasing number of Americans are entering their golden years with …
May 25, 2018
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 …
May 23, 2018
Defined benefit pensions are the most secure form of retirement savings. This has been true for decades and is why cities and states have offered pensions to their public employees for more than a hundred years. Pensions also used to …
May 7, 2018
The attacks on public pension plans are constantly changing. Pension critics claim public employees need to be given a choice between defined benefit pension plans and 401(k)-style defined contribution plans. This is an unnecessary and risky choice. Public employees, like …
March 12, 2018
In a blog post last week, we discussed the fact that many Americans plan to work in retirement just to make ends meet. As we’ve mentioned before, though, many people won’t be able to continue working in retirement and may …
