Public pension plans continue to improve their funding levels. This is the big takeaway from the latest plan survey by the National Conference on Public Employee Retirement Systems (NCPERS). Each year NCPERS, a trade association representing more than 500 state …
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Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the …
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Retired public employees in Wyoming have not received a cost of living adjustment (COLA) in over a decade. COLAs are necessary to adjust for inflation. The price of almost everything, including food, medicine, and rent, tends to increase over time. …
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Tomorrow is Groundhog Day. This is also the time of the year when many state legislatures are beginning their sessions and legislators are introducing bills – some of which attack pensions. To commemorate these two occasions, we are re-posting this …
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We’ve been talking a lot this month about the economic benefits of public pensions at both the state and national levels. Through the investment activities of the pension fund and the spending of pension benefits by retirees, public pension plans …
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It should come as little surprise that the amount a worker earns during their career has a direct impact on the amount they can save for retirement. The higher the earnings, the greater the retirement savings. The same is true …
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