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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…
We frequently write on this blog about states where politicians are attacking public pensions. For much of the past decade, public pensions have been criticized by anti-pension ideologues and opportunistic politicians have sought to undermine them. Today we want to…
Public pensions depend on full funding in order to succeed. More than anything else, public pension plans need to receive their full contributions each and every year. Public employees contribute to their pensions with every paycheck and they never miss…
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…
Last month the Board of Trustees for Social Security released their annual report on the program’s finances. Much of the information was the same as in previous years: the Social Security trust fund is projected to be exhausted in 2034.…
In June, Congressman Devin Nunes (R-CA) reintroduced the Public Employee Pension Transparency Act (PEPTA). Rep. Nunes has introduced this legislation for the past four Congresses. PEPTA would require state and local public pension plans to disclose their unfunded liabilities to…
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…
In late June, a circuit court judge in Kentucky ruled that Senate Bill 151, the stinking, pension-gutting law, is unconstitutional. The extremely rushed process by which the state legislature passed the bill clearly violated state law and rendered the entire…
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…
Earlier this year, we exposed John Arnold’s “web of connections.” This is the wide variety of groups he funds to attack public pensions. Many of these groups are connected to each other and many of them cite each other’s work…
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…