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 …
October 23, 2015
It’s now the end of National Save for Retirement Week. Hopefully this week you’ve thought some more about how pensions provide the safest and most secure retirement for working families. Unfortunately, when public pensions are cut by irresponsible politicians, those …
October 21, 2015
We’re in the middle of National Save for Retirement Week. As we indicated in Monday’s blog post, this week is often used by Wall Street banks and other financial interests to promote participation in defined contribution 401(k) plans. One of …
September 11, 2015
In a previous post, we discussed the consequences for states that abandoned their pension plans. But gutting defined benefit pensions has consequences beyond unstable funding and decreased retirement security. A recent report by the National Conference on Public Employee Retirement …
