As we’ve discussed plenty of times, politicians will often attack public pensions for their own political gain. There is a perfect example of this in Colorado, where the state treasurer, Walker Stapleton, is using attacks on public pensions to fuel …
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Last month, Kentucky State Senator Joe Bowen introduced Senate Bill 1, legislation that would make harsh, unnecessary changes to Kentucky’s public pension plans. SB1 was the long-awaited pension bill that had been promised for months by Republican legislative leaders in …
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In a blog post last week, we discussed the fact that many Americans plan to work in retirement just to make ends meet. As we’ve mentioned before, though, many people won’t be able to continue working in retirement and may …
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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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On Tuesday, we wrote about a new case study examining the experiences of Palm Beach, FL after the town closed its defined benefit pension plan for police officers, firefighters, and other municipal employees. Palm Beach is certainly not the only …
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In 2012, Palm Beach, Florida decided to close all of its public pension plans and move current and future employees to a hybrid defined benefit-defined contribution plan. This move gutted retirement security for public employees. In response, Palm Beach experienced …
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