Defined Benefit

The official blog of the National Public Pension Coalition

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  • This Week in Pensions: January 19, 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…

  • Older Workers Need Secure Pensions
    public pensions

    Many times on this blog we’ve discussed the shift from defined benefit pensions to 401(k)-style defined contribution plans. While this transition has been most dramatic in the private sector, it is also occurring in the public sector. We’ve detailed how…

  • So long, Chris Christie

    Today, Phil Murphy will be inaugurated as the new governor of New Jersey. That also means that Chris Christie’s two terms as governor are ending. Christie leaves office as the most unpopular governor in the history of New Jersey. Given…

  • This Week in Pensions: January 12, 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…

  • Changing retirement: the 40th anniversary of the 401(k)
    changing retirement

    It’s been 40 years since Congress passed the Revenue Act of 1978. Why is this obscure piece of legislation significant? Because the Revenue Act created Section 401(k) of the federal tax code. Over the past 40 years, the 401(k) provision…

  • This Week in Pensions: January 5, 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…

  • John Arnold Still Attacking Public Pensions in 2018
    Arnold attacks public pensions

    Much has been written in recent years about the influence of so-called “dark money” in American politics. Whether it is the Koch Brothers and their extensive network or mysterious Super-PACs that seem to pop up each election cycle, the influence…

  • An Ominous Future: a United States Without Pensions
    U.S. without pensions

    Two days before Christmas, the Washington Post published a powerful article warning of a frightening future: a United States without pensions. The Post story highlights the plight of former employees of a McDonnell Douglas plant in Tulsa, OK. These employees…

  • Our New Year’s Resolution: Protect Pensions
    Protect Pensions

    In a few short days, many Americans will begin writing their New Year’s resolutions. Some will try to lose weight, others will try to exercise more, and many others will follow resolutions of their own. We at the National Public…

  • National Public Pension Coalition: Naughty and Nice List 2017
    National Public Pension Coalition

    It’s the holiday season. While the merry bells keep ringing, Santa Claus is coming back with a big fat pack upon his back. And you can be sure that he’s making a list and checking it twice and he’s going…

  • Protecting Pensions in 2017: Ending the Year With Some Wins
    The pension crisis is a myth

    It seems like protecting pensions is a never-ending battle these days. The year 2017 certainly saw its share of attacks on the retirement security of teachers, firefighters, nurses, and other public employees. Before we look ahead to next year, it’s…

  • This Week in Pensions: December 15, 2017

    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…