Defined Benefit

The official blog of the National Public Pension Coalition

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  • President Trump and Your Retirement: What We Know So Far
    Trump federal pensions

    Donald Trump has been president for a few weeks now. During the campaign, we speculated on what his presidency might mean for your retirement. Now that he is actually in office, we are beginning to see the signs of his…

  • This Week in Pensions: February 10, 2017

    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…

  • Moving Maryland workers into a 401(k) plan would harm retirement security

    Maryland Governor Larry Hogan recently proposed creating a 401(k)-style defined contribution plan for state employees. Future state employees would have the option of participating in this plan instead of the traditional defined benefit pension plan. Current state employees would not…

  • What would Andrew Puzder mean for workers’ retirement?

    President Donald Trump has nominated Andrew Puzder to be Secretary of Labor. Puzder is the CEO of CKE Restaurants, which is the parent company of Hardee’s and Carl’s Jr. Puzder’s confirmation hearing in the Senate has been delayed four times…

  • This Week in Pensions: February 3, 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…

  • Attacks on Pensions Keep Happening Again and Again
    Attacks on pensions

    Today is Groundhog Day. Everyone’s favorite groundhog- Punxsutawney Phil- will stick his head out of the ground and look for his shadow. Legend has it that if Phil sees his shadow, we’ll have six more weeks of winter. Many of…

  • NPPC Is Here to Help You Protect Public Pensions

    It’s still early in 2017 and the fight to protect pensions is just beginning. John Arnold is on the attack against pensions in Nebraska, South Carolina, and Texas. Anti-pension legislators in Michigan are threatening to reintroduce legislation that would gut…

  • This Week in Pensions: January 27, 2017

    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…

  • Public Pension Funds Continue to Recover from the Recession

    It’s well-known that public pension funds took a major hit during the financial crisis. We’ve written before about the steep drop in funding levels from 2008 – 2009 when the economy was crashing due to Wall Street greed and incompetence.…

  • Governor Sam Brownback’s Budget – What You Should Know

    Governor Sam Brownback of Kansas is at it again. If you’ve followed our blog over the last couple of years, as well as the news, you know that Kansas is in fiscal disarray. In 2011, when he first took office,…

  • John Arnold Is Attacking Pensions in Nebraska
    John Arnold

    It’s still early in 2017 and state legislative sessions haven’t even begun in every state yet. John Arnold, however, is already on the attack. Arnold, the anti-pension billionaire and former trader at the disgraced Enron, who has spent over $50…

  • Betsy DeVos and Public Pensions in Michigan

    President-elect Donald Trump has nominated Michigan billionaire Betsy DeVos to be the Secretary of Education in his upcoming administration. If that name sounds familiar, it should. The DeVos family is a major advocate for gutting public pensions in Michigan. Should…