Tag: 401(k)

January 27, 2016

2016 State Outlook: Virginia

Virginia’s public employees have endured a couple rounds of cuts to their defined benefit pensions in the past several years. Most recently, in 2012, the Virginia General Assembly passed a law that forced new hires, starting January 1, 2014, into …

Read more

January 19, 2016

The Star Wars Theory of Retirement

Last week, NPPC’s executive director Bailey Childers wrote on CNBC about the December 2015 jobs report. She talked about how the release of Star Wars: the Force Awakens accounted for thousands of new jobs, but those jobs aren’t likely to …

Read more

January 13, 2016

2016 State Outlook: Colorado

The Colorado state legislature begins its 2016 legislative session today, with pensions and retirement security both on the agenda for this year’s session. During the break between the 2015 and 2016 legislative sessions, three reports were released that looked at …

Read more

December 18, 2015

Pensions Are Still Better Than 401(k)’s

If you’ve been reading this blog for a while, then you know that defined benefit pensions are superior to defined contribution 401(k)’s. Defined benefit plans pool risk collectively, optimize investment decisions, and are professionally managed with low fees. Pensions also …

Read more