October 2017

  • Haunted House of Pension Horrors: 2017 Edition
    Haunted House of Pension Horrors

    Beware, friends, of the frights that lay ahead: it’s once again time to enter the Haunted House of Pension Horrors. In our annual tradition, we will take you through the spooky and blood-chilling attacks on the retirement security of working…

  • This Week in Pensions: October 27, 2017

    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…

  • How the Republican Tax Plan Would Hurt Retirement Savings
    Tax Day and public pensions

    This week there has been a lot of discussion about the forthcoming Republican tax reform plan. In particular, there has been significant coverage of President Trump’s tweet about 401(k)s and protecting their current tax status. The president’s tweet has prompted…

  • Charter School Teachers Deserve Retirement Security Too
    charter school teacher

    Today the National Public Pension Coalition released a new report titled A School’s Choice: Retirement Security for Charter School Teachers. The report focuses on states where public charter schools have the option of participating in a public pension plan or…

  • Pensions Provide Retirement Security to Working Families

    This week we’ve been documenting the dismal state of retirement security in the United States and the ways in which governments at both the state and federal levels contribute to the retirement security crisis. As National Retirement Security Week, or,…

  • How the Government Contributes to the Retirement Security Crisis
    Trump attacks retirement security

    In Monday’s blog post we documented the sad state of retirement security in the United States today. Many working families have little or no savings and will face a lower standard of living in retirement. Unfortunately, the government, at both…

  • The State of Retirement Security in the United States
    Retirement Security Week

    This week is National Retirement Security Week. Every year this week is used by the financial industry to promote retirement savings through their products and services. While we applaud the goal of promoting adequate retirement savings for all Americans, the…

  • This Week in Pensions: October 13, 2017

    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…

  • The “Pension Crisis” is a Myth, Part Five
    teacher pensions

    Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the…

  • Maine Could Vote to Improve Pension Funding
    Maine public pension funding

    Next month Maine will vote on a state question that would amend the state constitution to improve public pension funding. State Question 4 would increase the amortization period for the pension plan to recover investment losses from 10 years to…

  • Corporate Giveaways Exceed Public Pension Costs
    corporate giveaways

    In many states, the amount given away in subsidies and tax breaks to big corporations exceeds the amount needed to fund public pensions each year. That is the conclusion of a new report from Good Jobs First, a nonpartisan economic…

  • Pensions Keep Teachers in the Classroom
    teacher pensions

    The overwhelming majority of public school teachers in the United States participate in traditional defined benefit pension plans. This year, however, Michigan and Pennsylvania both made significant and harmful changes to their pension plans for teachers and other public school…