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The Reason Foundation is a prominent, national libertarian advocacy organization. Their advocacy covers a wide range of public policy issues, but one area where they are particularly focused is public pensions. For their work campaigning against public pensions, they have…
Earlier this year, we wrote about Cost of Living Adjustments (COLA). To recap, a COLA is an adjustment in the amount of a pension benefit to account for inflation. Since the price of almost everything is constantly going up due…
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…
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…
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…
Retirement inequality is increasing in the United States and the age of retirement is one dimension of that inequality. While the overall average retirement age for Americans is increasing, that increase is not even across socio-economic status. Less educated workers…
Despite its name, the Reason Foundation cannot be trusted to provide accurate information regarding public pensions. This so-called “think tank” promotes a radical anti-government agenda that is openly hostile to public employees and their retirement security. They have also accepted…
Despite what you may think, public pension plans generated more than $277 billion in state and local tax revenues in 2016. That is the groundbreaking finding of a new report from the National Conference on Public Employee Retirement Systems (NCPERS).…
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…
Defined benefit pensions are the most secure form of retirement savings. This has been true for decades and is why cities and states have offered pensions to their public employees for more than a hundred years. Pensions also used to…
Last week we wrote about the various forms of legal protections that exist for public pensions in the United States. We noted that a majority of states (34) follow a contract rights approach to public pension benefits. One of the…
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…