Today, thousands of workers and retirees rallied in Puerto Rico to protest ongoing austerity measures, including proposed cuts to public pensions. Puerto Rico’s public pensions have been threatened for years by the long-lasting debt crisis and other calamities to befall …
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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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The financial crisis and Great Recession had a devastating effect on public pension plans. On average, public pension plans lost about a quarter of the value of their assets due to the crisis. In the years since the recession, almost …
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Today is Tax Day. We thought this would be a good time to re-post a blog post from two years ago that answered the question: how many tax dollars go to public pensions? Taxpayer contributions to public pensions represent a …
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The fight to protect pensions in Kentucky has been long and drawn-out. Despite months of promises, Governor Bevin never called a special legislative session last year to address tax reform and public pensions. Earlier this year, members of the Kentucky …
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Following the successful strike of teachers in West Virginia for higher pay, there has been increased focus on the longstanding issue of low pay and benefits for public school teachers. This is a critical issue that we’ve discussed before. One …
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