The Defined Benefit

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  • 2025 State Legislative Recap

    As legislatures across the country pack up and head home for the summer, we reflect on how pensions fared in the 2025 state sessions. National headlines touted sweeping federal job cuts and frozen federal aid funds, but did that affect…

  • A Major Step Forward: Alaska’s House Passes HB 78

    After nearly two decades without a defined benefit pension system for public employees, Alaska is one step closer to reversing course. On May 12, 2025, the Alaska House of Representatives passed House Bill 78 —a historic move toward restoring secure…

  • Public Service Deserves Public Support

    This Public Service Recognition Week, we extend our deepest gratitude to the millions of public employees who work every day to serve and strengthen our communities. Approximately 20.6 million Americans work for state and local governments. They teach in our…

  • Alaska’s Pension Reform Faces Another Delay

    Last week in Alaska, Senate Majority Leader Cathy Giessel and House Majority Leader Chuck Kopp signalled that passage of a bill restoring a defined benefit pension for Alaska public employees was unlikely to pass both chambers before the 2025 legislative…

  • Public Pension Plans Highlight Long-Term Investing Strategy Amid Market Volatility

    This was the headline on Monday on Bloomberg, as individual investors and pension funds reacted to the seemingly purposeful market volatility—a result of an ever-changing tariff landscape.  Public pension funds are taking a hit amid volatile market conditions exacerbated by…

  • The Billionaire Blueprint: Gut Pensions, Privatize Social Security

    At the National Public Pension Coalition (NPPC), we know that the fight to protect Social Security and our ongoing battle to defend defined benefit pensions are intrinsically linked. In Alaska, where NPPC proudly supports the effort to restore a defined…

  • Honoring Women in the Public Sector: A Legacy of Service and Security

    As we celebrate Women’s History Month, we recognize the countless women who have dedicated their careers to serving the public. From educators and first responders to healthcare professionals and government workers, women in the public sector have played a vital…

  • Mid-Session Legislative Updates

    State legislative sessions are underway; here’s a look at what we’re tracking: Alaska: Committee hearings explore potential pension plan.  In Alaska’s 2024 session, lawmakers came close to reestablishing a pension system for public employees following nearly two decades of inadequate…

  • How Public Sector Jobs Have Empowered Black Workers and Why They Must Be Protected

    Throughout American history, the public sector has been instrumental in providing African Americans with pathways to economic stability and upward mobility. From the early 19th century to the present day, state, local, and federal government employment has offered equitable opportunities,…

  • NIRS’ Pensionomics 2025 Report

    Earlier this month, the National Institute on Retirement Security (NIRS) released its bi-annual Pensionomics report, which details how spending from defined-benefit pensions boosts economies in communities nationwide and continues to be a reliable economic driver for millions of people. The…

  • Threats and Opportunities: 2025 State Legislative Preview

    At NPPC, we believe every American deserves to retire with dignity. Our priority is protecting pensions for public workers in states across the country. Here is a look ahead at some of the state legislative sessions we are monitoring this…

  • Honoring Martin Luther King Jr.’s Legacy: Advancing Equality in the Public Sector

    In the struggle for equality during the American civil rights movement, the Reverend Dr. Martin Luther King Jr. played a pivotal role in advocating for job opportunities for African Americans in the public sector. King believed that access to these…