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Tonight is the vice presidential debate for the 2016 campaign. While it certainly lacks the hype of the first presidential debate last week, tonight’s debate should be an opportunity for substantive discussion between two experienced politicians. Both Tim Kaine and…
Earlier this week the Milwaukee Journal Sentinel published a lengthy article about state and local government obligations to retirees in Wisconsin. Much of the article focused on the costs of retiree health care obligations. The article was generally positive when…
Last night was the first presidential debate between Donald Trump and Hillary Clinton. With just over a month to go, the presidential campaign is as close as it has ever been. We’ve written fairly extensively about Donald Trump and what…
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…
It’s a tough time for Kentucky’s public pensions. According to one recent report, Kentucky has the most poorly funded public pensions in the country. In his budget this year, first-term governor Matt Bevin moved to increase funding for the commonwealth’s…
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 from the previous week. This is the news you need to know in the…
State and local public pensions generate significant amounts of economic activity nationally each year. In 2014, state and local public pension plans paid $253 billion to 9.6 million retirees and their beneficiaries. These pension benefits helped to support over 3.4…
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…
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…
Every American who works hard and plays by the rules should be able to retire with security and dignity. Defined benefit pensions make that possible. Learn how pensions provide the most secure retirement for millions of working people, in 60…
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…
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…