Those who do not learn from history are doomed to repeat it – and it’s prime time for Kentucky lawmakers to learn a history lesson. Kentucky’s public pension funds face very real challenges, caused by decades of underfunding on behalf …
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Many Americans believe that a retirement security crisis is looming. According to a recent survey, 88 percent of Americans agree that the nation faces a retirement crisis. Many Americans also believe that one of the benefits of a lifetime of …
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Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the …
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Yesterday Michigan Governor Rick Snyder signed legislation– SB 401– that weakens the retirement security of the state’s public school employees. This newly-signed legislation continues a long running saga of attacks on the pension benefits of Michigan’s public employees. While SB …
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If you’re reading this article, there’s about a fifty percent chance you are not offered a retirement plan through your current employer. That’s according to studies from the National Institute on Retirement Security (NIRS) and Pew, which estimate that almost …
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For a decade now since the Great Recession, special interests have waged a false-information campaign against public pensions. While not all of the motives are clear, one thing is certain: if the over $3.8 trillion in assets managed by state and local …
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