February 2019

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  • What is the Equable Institute?

    It seems like there is always some new group attacking public pensions. When one group fades away, a new group pops up to take its place. One new group on the scene is called the Equable Institute. While the group…

  • What is Stress Testing and Why Does It Matter?
    financial stress testing

    In the past few years, states have considered legislation that would require public pension plans to conduct financial stress testing. While we’ve mostly written about Pew’s promotion of cash balance plans, Pew is also known for traveling to states and…

  • This Week in Pensions: February 22, 2019

    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…

  • Corporate giveaways and the funding of public pensions
    public pensions

    One of the major news stories last week was Amazon’s announcement that they are abandoning their plans to locate part of HQ2 in New York City. Facing pressure from local politicians and concerned citizens over a variety of issues, including…

  • Did You Know That Presidents Receive a Pension?

    Yesterday, people across the United States celebrated Presidents’ Day. Many had the day off from work thanks to the federal holiday, which is officially Washington’s Birthday, not Presidents’ Day. Many others undoubtedly took advantage of the numerous sales offered for…

  • This Week in Pensions: February 15, 2019

    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…

  • Pension Changes in Utah Hurt Public Safety
    Utah pension changes

    In the immediate aftermath of the Great Recession and facing pressure from anti-pension ideologues, a number of cities and states passed harmful changes to public pensions. Now those cities and states are beginning to face the consequences of these changes.…

  • The Funding Levels of Pension Plans Continue to Improve
    public pension plans

    Public pension plans continue to improve their funding levels. This is the big takeaway from the latest plan survey by the National Conference on Public Employee Retirement Systems (NCPERS). Each year NCPERS, a trade association representing more than 500 state…

  • This Week in Pensions: February 8, 2019

    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 Reason Foundation is Still Attacking Pensions
    California rule protects pensions

    Many state legislatures have been meeting for a month now. We’re already seeing legislation that would impact public pensions in both positive and negative ways. One group that has been actively attacking pensions is the Reason Foundation. Employees of the…

  • Wyoming Retirees Need a Cost of Living Adjustment
    Wyoming-NPPC-Pensions

    Retired public employees in Wyoming have not received a cost of living adjustment (COLA) in over a decade. COLAs are necessary to adjust for inflation. The price of almost everything, including food, medicine, and rent, tends to increase over time.…

  • Attacks on Pensions Are Still Happening Again and Again
    Attacks on pensions

    Tomorrow is Groundhog Day. This is also the time of the year when many state legislatures are beginning their sessions and legislators are introducing bills – some of which attack pensions. To commemorate these two occasions, we are re-posting this…