The official blog of the National Public Pension Coalition
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Last week the Kinder Institute at Rice University released a report examining the causes of the growth in Houston’s unfunded pension liabilities. The report also proposed several possible changes to reduce the unfunded liability. The report focuses on the combination…
Last week eight major universities were sued by their own employees for failing to curb excessive fees in their retirement plans. In a series of class action lawsuits filed across the country, the plaintiffs allege that the universities failed to…
Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the top stories on pensions and retirement security from the previous week. This is the news you need to know in the…
As we’ve written about extensively on this blog, employer-sponsored retirement plans have changed a lot over time. In the private sector, 401(k)s have largely replaced defined benefit pensions and this shift has weakened the retirement security of working families. 401(k)s…
The Opening Ceremonies for the 2016 Olympic Games were held in Rio de Janeiro last Friday. Four days into the competition, medals have been awarded, dreams have been fulfilled, and millions watching at home have been inspired. Just like the…
Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the best stories about pensions and retirement security. This is the news you need to know in the fight for a secure…
It is one of the most well-known stories about American retirement: the decline of defined benefit pensions in the private sector. At one time, 88 percent of private sector workers who had a workplace retirement plan had a pension. That…
Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the best news stories about pensions and retirement security from the previous week. This is the news you need to know in…
At one time, defined benefit pensions were the most common retirement plan for working people. Workers in both the public and private sectors enjoyed the security and reliability of pensions in planning for retirement. These workers knew that if they…
The Democratic Party begins its convention today in Philadelphia. The Democrats will nominate former Secretary of State Hillary Clinton to be their presidential nominee and Senator Tim Kaine to be her running mate. The party will also approve the party…
Welcome to the latest edition of This Week in Pensions! As always, 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 fight for a…
Public pensions play a major role in state budgets. This also means that the budget and tax decisions made by state legislatures and governors have a big impact on public pensions. In no state is this relationship better demonstrated than…