November 2017

  • Tax Reform & Public Pensions: Minor Provision Causes Major Trouble
    tax reform

    This week the U.S. Senate is busy debating its tax reform plan. Republican leaders in the Senate plan to hold a vote on Thursday and hope to pass their tax reform bill. They would then have a conference committee with…

  • Kentucky and Public Pensions: An Update
    Kentucky public pensions

    As we’ve discussed before, public pensions in Kentucky have been the subject of much debate this year. Kentucky has some of the most poorly funded pension systems in the country, the result of years of underfunding by the state government.…

  • Thankful for Pensions and Retirement Security
    Thankful for pensions

    On Thursday, Americans will gather with friends and family to celebrate Thanksgiving. It is the time of year to reflect on what we are thankful for and to give thanks to those who make our communities stronger. We at NPPC…

  • This Week in Pensions: November 17, 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…

  • Strong Investment Returns Prove Pension Plans Work
    financial stress testing

    Last month the Dow Jones Industrial Average surpassed 23,000 for the first time ever and closed at a record high. In the ninth year of an economic expansion following the devastating effects of the Great Recession, the financial markets have…

  • Josh McGee: Trying to Discredit Defined Benefit Pensions
    Arnold-Texas-Tracker

    During its legislative session this year, the Texas Senate confirmed Josh McGee as the Chairman of the Texas Pension Review Board. This should concern everyone who cares about the retirement security of public employees in Texas because McGee is also…

  • The “Pension Crisis” is a Myth, Part Six
    The pension crisis is a myth

    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…

  • Votes for Pensions: Election Day 2017
    Votes for Pensions

    Today is Election Day in cities and states across the United States. While this is considered an off-off-year election, there are still important votes happening today, some of which will have a considerable impact on public pensions. Here’s a quick…

  • This Week in Pensions: November 3, 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…

  • Teachers Are Best Served by Traditional Pensions
    teacher pensions

    The first public pension plan for teachers was established in Manhattan in 1894. In the 1910s, six states established teacher pension plans. More states followed suit and now the overwhelming majority of public school teachers in the United States participate…