Earlier this week, the California Supreme Court issued a major decision in a case regarding public pension benefits in the Golden State. Ruling in the case Cal Fire Local 2881 v. CalPERS, the court unanimously agreed to uphold the California …
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Americans are facing a retirement savings crisis. The experts have warned about this for a while now. But do working families themselves recognize the growing crisis? The answer is overwhelmingly “yes” according to a new survey from the National Institute …
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In the past few years, states have considered legislation that would require public pension plans to conduct financial stress testing. While we’ve mostly written about Pew’s promotion of cash balance plans, Pew is also known for traveling to states and …
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One of the major news stories last week was Amazon’s announcement that they are abandoning their plans to locate part of HQ2 in New York City. Facing pressure from local politicians and concerned citizens over a variety of issues, including …
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Yesterday, people across the United States celebrated Presidents’ Day. Many had the day off from work thanks to the federal holiday, which is officially Washington’s Birthday, not Presidents’ Day. Many others undoubtedly took advantage of the numerous sales offered for …
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In the immediate aftermath of the Great Recession and facing pressure from anti-pension ideologues, a number of cities and states passed harmful changes to public pensions. Now those cities and states are beginning to face the consequences of these changes. …
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