The Big Short and Your Retirement
The Big Short only won one Oscar on Sunday night- for Best Adapted Screenplay- but it’s still a winner for us here at NPPC. The film tells an important story about how reckless greed on Wall Street wiped out the…
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The Big Short and Your Retirement -
State Pension Update: a Win for Indiana Teachers State Pension Update: a Win for Indiana Teachers
Teachers in Indiana scored a victory last week when a controversial bill that would have made harmful changes to their state pension was defeated. House Bill 1004 died in the state senate due to a lack of support. While HB…
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This Week in Pensions: February 26th, 2016 
This Week in Pensions: February 26th, 2016
We’re starting a new series here at Defined Benefit. “This Week in Pensions” will gather the best stories about pensions from the previous week. This will be your go-to source for the news you need to know about retirement security.…
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The Truth About Pew’s Public Sector Retirement Systems Project 
The Truth About Pew’s Public Sector Retirement Systems Project
The Public Sector Retirement Systems project, a division of the Pew Charitable Trusts, is a well-known source of information on a variety of topics from religion in public life to the health of the oceans. In one particular area though,…
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Chris Christie: Not Just Bad on Pensions 
Chris Christie: Not Just Bad on Pensions
Earlier this month New Jersey Governor Chris Christie ended his campaign for the Republican presidential nomination. For the people of New Jersey, this will hopefully mean serious financial issues the state is facing can now be addressed. Christie virtually ignored…
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2016 State Outlook: Wyoming 
2016 State Outlook: Wyoming
[rwd imageid=’759′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Wyoming-NPPC-Pensions-4.png’ alt=“Wyoming Pensions Retirement”] Almost all public employees in Wyoming have their defined benefit pension managed by the Wyoming Retirement System. WRS manages eight separate pension plans for over 700 different employers statewide. These include…
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The Truth About Cash Balance Pension Plans 
The Truth About Cash Balance Pension Plans
We’ve mentioned cash balance pension plans a few times on this blog. Pew’s Public Sector Retirement Systems project and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans…
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It’s elementary: pensions are better for teachers than 401(k)s 
It’s elementary: pensions are better for teachers than 401(k)s
A recent study from researchers at the University of California, Berkeley, confirmed what we here at NPPC already know: traditional defined benefit pensions provide more retirement income for teachers than 401(k)-style plans. This comes as a surprise to no one.…
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Love Your Pension! Love Your Pension!
Sunday is Valentine’s Day. People all across the country will be giving chocolates and roses to the ones they love. Here at NPPC we love public pensions- and we know you do too! Pensions have everything you are looking for:…
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Spotlight on: Josh McGee 
Spotlight on: Josh McGee
It might not be on your calendar, but today is the first meeting of the Texas Pension Review Board this year. The PRB consists of seven members appointed by the governor to oversee public pension plans in the state. Recently,…
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New Hampshire Primary New Hampshire Primary
Today is the New Hampshire presidential primary. As in Iowa last week, presidential candidates of both parties have been canvassing the state hoping to win votes at the ballot box. Also like Iowa, New Hampshire public employees earn a defined…
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Did you know Peyton Manning has a pension? Did you know Peyton Manning has a pension?
Last night the Denver Broncos won Super Bowl 50. For Denver’s starting quarterback Peyton Manning, this was almost certainly his last game before retirement. Once Manning enters retirement, there is one thing he can count on: his defined benefit pension.…
