January 4, 2017
In an article published by the Wall Street Journal this week, the creators of the 401(k) reflected on the consequences of the product they promoted. The takeaway: many of the early advocates of 401(k)s now regret the “revolution” they helped …
December 29, 2016
All in all, 2016 was a good year for public pensions. States and cities chose to protect and preserve their defined benefit pension plans and the city of Palm Beach, FL, moved back to a defined benefit plan from an …
December 20, 2016
Often when we talk about public pensions, we focus on the individual teacher, firefighter, or other public employee who earns a secure retirement through their pension. That is certainly one of the best features of defined benefit pensions: workers know …
December 16, 2016
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 …
December 15, 2016
As we’ve written about on this blog, the prevalence of defined benefit pensions has declined in the private sector and this has hurt working families. In the public sector, though, defined benefit pensions remain quite common. According to a recent …
December 13, 2016
In August, we wrote about the decline of traditional pensions in the private sector. One of the major reasons for private companies abandoning pensions was a series of laws beginning in the 1980s and culminating in the Pension Protection Act …
