December 16, 2015
We all know America is facing a retirement crisis. We’ve talked about it on this blog and Americans express their worries in opinion polls. Experts tell us that Americans are not saving enough for retirement. Now it’s time to take …
December 14, 2015
When you think about public pensions, do you think about Guam? If the answer is no… well, I’m assuming everyone’s answer was no, so you’re not alone. The U.S. Territory of Guam does have something valuable to say about public …
December 11, 2015
Earlier this week, I wrote about the economic efficiency of pensions in providing retirement income to individual workers. Defined benefit pensions have many advantages that make them more cost efficient than 401(k)s. Beyond the advantages for the individual saving for …
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 …
November 9, 2015
Two recent reports- on unrelated subjects- have highlighted the importance of pensions for low-income working families. The Employee Benefits Research Institute released a report last month that focused on the ability of defined contribution plans and defined benefit plans to …
November 4, 2015
Unfortunately, we know that defined benefit pensions have been declining rapidly in the private sector. And we know that some irresponsible politicians and anti-pension ideologues are trying to gut pensions in the public sector. What we didn’t know until recently …
