February 24, 2017
What happens when a state abandons its defined benefit pension for a riskier, 401(K)-style plan? Taxpayers lose – According to the National Institute on Retirement Security, “for a given level of retirement income, a typical 401(k) plan costs 91% more …
January 17, 2017
President-elect Donald Trump has nominated Michigan billionaire Betsy DeVos to be the Secretary of Education in his upcoming administration. If that name sounds familiar, it should. The DeVos family is a major advocate for gutting public pensions in Michigan. Should …
December 9, 2016
Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the best stories from the past week about pensions and retirement security. This is the news you need to know in the …
December 8, 2016
Anti-pension ideologues in the Michigan legislature have wanted to gut public pensions there for a long time, especially pensions for teachers. This year, they attacked teachers’ retirement security during the lame duck legislative session, but they were defeated by the …
December 2, 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 …
August 25, 2016
Last month on the blog, we talked about Kansas and how harmful right-wing tax policy there had ruined the state’s budget and threatened public pensions and other critical state services. A similar situation is happening in Oklahoma. Just like in …
