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The Public Sector Retirement Systems project, a division of the Pew Charitable Trusts, is a well-known source of information on a variety of topics from religion in public life to the health of the oceans. In one particular area though,…
Earlier this month New Jersey Governor Chris Christie ended his campaign for the Republican presidential nomination. For the people of New Jersey, this will hopefully mean serious financial issues the state is facing can now be addressed. Christie virtually ignored…
[rwd imageid=’759′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Wyoming-NPPC-Pensions-4.png’ alt=“Wyoming Pensions Retirement”] Almost all public employees in Wyoming have their defined benefit pension managed by the Wyoming Retirement System. WRS manages eight separate pension plans for over 700 different employers statewide. These include…
We’ve mentioned cash balance pension plans a few times on this blog. Pew’s Public Sector Retirement Systems project and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans…
A recent study from researchers at the University of California, Berkeley, confirmed what we here at NPPC already know: traditional defined benefit pensions provide more retirement income for teachers than 401(k)-style plans. This comes as a surprise to no one.…
Sunday is Valentine’s Day. People all across the country will be giving chocolates and roses to the ones they love. Here at NPPC we love public pensions- and we know you do too! Pensions have everything you are looking for:…
It might not be on your calendar, but today is the first meeting of the Texas Pension Review Board this year. The PRB consists of seven members appointed by the governor to oversee public pension plans in the state. Recently,…
Today is the New Hampshire presidential primary. As in Iowa last week, presidential candidates of both parties have been canvassing the state hoping to win votes at the ballot box. Also like Iowa, New Hampshire public employees earn a defined…
Last night the Denver Broncos won Super Bowl 50. For Denver’s starting quarterback Peyton Manning, this was almost certainly his last game before retirement. Once Manning enters retirement, there is one thing he can count on: his defined benefit pension.…
[rwd imageid=’768′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Alabama-Pensions.png’ alt=“Alabama State Pensions”] Alabama has strong public pensions. The Retirement Systems of Alabama manages assets of over $37 billion and annually pay out close to $3 million in benefits. RSA earns strong returns on…
[rwd imageid=’765′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Oklahoma-Pensions.png’] Oklahoma’s 2016 state legislative session starts today. Oklahoma has been in the news a lot recently for a couple of big problems: a teacher shortage and a revenue failure. Neither of those issues directly…