Defined Benefit

The official blog of the National Public Pension Coalition

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  • Puerto Rico’s Pensions Are Still Threatened
    Puerto Rico public pensions

    Today, thousands of workers and retirees rallied in Puerto Rico to protest ongoing austerity measures, including proposed cuts to public pensions. Puerto Rico’s public pensions have been threatened for years by the long-lasting debt crisis and other calamities to befall…

  • Why Workers Retire When They Do
    when to retire

    Retirement has long been a part of the American dream. Throughout the twentieth century, the belief was that after a lifetime of hard work, workers could retire and enjoy their golden years. When defined benefit pensions were still common in…

  • This Week in Pensions: April 20, 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…

  • Pension cuts harm public employee recruitment
    pension cuts

    The financial crisis and Great Recession had a devastating effect on public pension plans. On average, public pension plans lost about a quarter of the value of their assets due to the crisis. In the years since the recession, almost…

  • Tax Day and Public Pensions: Your Questions Answered
    Tax Day and public pensions

    Today is Tax Day. We thought this would be a good time to re-post a blog post from two years ago that answered the question: how many tax dollars go to public pensions? Taxpayer contributions to public pensions represent a…

  • This Week in Pensions: April 13, 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…

  • Kentucky Must Fix Its Porous Tax Code
    Kentucky pensions

    Today we are resharing a post from September 2017 about a report from Good Jobs First, a national nonpartisan organization that tracks economic development programs. Their report found that Kentucky gives away far more each year through corporate subsidies and…

  • This Week in Pensions: April 6, 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…

  • A stinking piece of legislation guts pensions in Kentucky
    Kentucky pensions

    The fight to protect pensions in Kentucky has been long and drawn-out. Despite months of promises, Governor Bevin never called a special legislative session last year to address tax reform and public pensions. Earlier this year, members of the Kentucky…

  • This Week in Pensions: March 30, 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…

  • Who is the Retirement Security Initiative?
    Retirement Security Initiative

    Since beginning his crusade against public pensions, John Arnold has been relentless in his attacks on retirement security for working families. Often, he pays others to do his dirty work for him. For example, he funds biased research from the…

  • Public Pensions Help Recruit New Teachers
    public pensions for teachers

    Following the successful strike of teachers in West Virginia for higher pay, there has been increased focus on the longstanding issue of low pay and benefits for public school teachers. This is a critical issue that we’ve discussed before. One…