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Today we commemorate the life and achievements of Cesar Chavez – one of our country’s preeminent social justice champions. Born on March 31, 1927 in Yuma, Arizona, Chavez spent his life fighting for better treatment, fair pay and improved working…
For school districts, fire departments, and other government entities across the nation, public pensions are an important tool for recruiting and retaining high-quality public employees. In Oklahoma, defined benefit pensions for teachers are especially valuable given the ongoing teacher shortage…
Happy St. Patrick’s Day and welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you…
It’s no secret that there is a retirement savings crisis in the United States. Financial planners frequently warn that Americans are not saving enough for retirement. Stagnating wages and the gradual disappearance of pensions in the private sector make it…
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…
If you’re a devoted reader of Defined Benefit, then you know there is one way to ensure a pension plan is well-funded: employees and employers alike must make contributions to the plan annually – and in full. State employees like…
Roughly half of private sector workers do not have access to a retirement plan through their employer. For most of these workers, that means they will have little to retire on, except for Social Security. A half-dozen states have taken…