October 16, 2019
Today’s post was written by NPPC’s Executive Director Bridget Early. Readers of Defined Benefit know that NPPC has been shining a light on the failings of the defined contribution 401(k). Since its inception in the 1980s as a retirement savings …
January 11, 2019
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 …
January 9, 2019
Across the country, new governors and state legislators are being sworn into office this month. Many of these policymakers will cast votes and make decisions regarding public pensions during their time in office. New legislators often enter office with little …
December 12, 2018
Earlier this week, the article West Haven PD, losing officers, pleads with city to return to a traditional pension plan was published in the New Haven Register. The article details how ten years after the city switched the police department …
November 14, 2018
Long time readers of Defined Benefit know that 401(k)-style defined contribution plans have largely failed working families. Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s, …
October 29, 2018
Recently, the headlines in the financial section of the newspaper have been dominated by stories about the stock market declining. Some have termed this a “correction” believing that the value of the stock market was inflated to begin with. Regardless …
