The coronavirus-induced economic crisis has devastated many parts of our economy this year, including state and local governments’ budgets that provide essential services like public safety, education, and nursing. In today’s blog, we will take a deeper look at how …
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Welcome to this month’s first edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories …
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Last month, Truth in Accounting (an organization with ties to groups that attack public workers’ retirement security) published a misleading report titled “Financial State of the States” which grades states based on their supposed fiscal health. The report deceptively cites …
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Welcome to October’s first edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories of …
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Since the COVID-19 pandemic began, pension opponents have continued spreading misinformation about public pensions. Today we’re going to challenge three misconceptions they frequently cite to try to damage public workers’ retirement security. 1. Unfunded liabilities for pensions are …
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WASHINGTON–(BUSINESS WIRE)–Public pension funds helped power the U.S. economy during 2018, generating $179.4 billion more in state and local government revenues than taxpayers put in, according to a biennial study by the National Conference on Public Employee Retirement Systems. Public pensions’ …
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