Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the best stories about pensions and retirement security. This is the news you need to know in the fight for a secure …
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It turns out the secret to a strong public pension system isn’t a secret at all: fully funding the pension every year is the most important thing cities and states can do to have a strong public pension system. Today …
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Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the top stories about pensions and retirement security. This is the news you need to know in the fight for a secure …
Read more
If you are a regular reader of Defined Benefit, then you already know that we don’t care for defined contribution plans like 401(k)s that have many failings when compared to traditional pensions. One of these failings is that they provide …
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In 1981, during the dictatorship of General Augusto Pinochet, Chile radically reformed its pension system. It changed from a traditional public pension system to a system of mandatory individual retirement accounts. These accounts are privately managed by firms selected by …
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Last week eight major universities were sued by their own employees for failing to curb excessive fees in their retirement plans. In a series of class action lawsuits filed across the country, the plaintiffs allege that the universities failed to …
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