February 2018

  • There is finally a pension bill in Kentucky and it’s bad
    pension cuts

    For months now, public employees and retirees in Kentucky have awaited the introduction of a pension bill. Republican legislators have been promising that the introduction of a pension bill is just days away, but they never ended up releasing anything-…

  • This Week in Pensions: February 23, 2018

    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…

  • Exposing John Arnold’s Web of Connections
    John Arnold

    John Arnold is the chief funder of anti-pension activity across the nation. A former Enron energy trader and Wall Street hedge fund manager, Arnold retired in his thirties and has devoted a significant portion of his fortune to attacking public…

  • Congress Recognizes that Working Families Need Retirement Security
    retirement security

    We’ve written about the growing retirement security crisis many times. We’re not the only ones to warn about it either. Back in October, the Government Accountability Office issued a significant report on the lack of retirement security for many working…

  • This Week in Pensions: February 16, 2018

    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 lack of pension plans diminishes public service in Alaska
    Utah pension changes

    On Tuesday, we wrote about a new case study examining the experiences of Palm Beach, FL after the town closed its defined benefit pension plan for police officers, firefighters, and other municipal employees. Palm Beach is certainly not the only…

  • Pension cuts hurt employee recruitment and retention
    pension cuts

    In 2012, Palm Beach, Florida decided to close all of its public pension plans and move current and future employees to a hybrid defined benefit-defined contribution plan. This move gutted retirement security for public employees. In response, Palm Beach experienced…

  • This Week in Pensions: February 9, 2018

    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…

  • Public Pensions in Kentucky Still Need Full Funding
    Kentucky pensions

    By now, the story of public pensions in Kentucky has become a familiar one: after years of underfunding by the state government, the public pension plans in the Bluegrass State are among the most poorly funded in the nation. Last…

  • This Week in Pensions: February 2, 2018

    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…

  • Public Pensions Strengthened Their Funding in 2017
    funding of public pensions

    Public pension plans continued to improve and strengthen their funded status last year. That is the takeaway from a new report by the National Conference on Public Employee Retirement Systems (NCPERS). With many plans earning double-digit investment returns, pension plans…