The Defined Benefit

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  • Understanding Unfunded Liability (Repost)
    public pensions

    Recently, there has been an uptick in news articles about unfunded pension liabilities in an effort to make pensions seem like a less sustainable retirement security option. Today, NPPC would like to remind everyone why unfunded liabilities are nothing to…

  • Public Pensions Support Rural Communities

    According to the United States Census Bureau, at least one in five Americans–that’s over 60 million people–live in rural America. Defined as “sparsely populated with low housing density, and far from urban centers,” rural areas span 97% of the country’s…

  • Public Employee Stories: July 19, 2022

    Public employees across the nation give back to their communities in extraordinary ways every single day. From donating to food banks to helping neighbors and protecting their communities, public employees have always been there when their community needs them the…

  • Retirement Savings Struggles For Low-Income Workers

    As we have covered before, America is facing a retirement security crisis. However, the issue disproportionally plagues lower-income workers more than middle-class and wealthier Americans. Because of this, most lower-income workers never achieve the expert-recommended 70% income replacement rate needed…

  • Public Employee Stories: July 7, 2022

    Public employees across the nation give back to their communities in extraordinary ways every single day. From donating to food banks to helping neighbors and protecting their communities, public employees have always been there when their community needs them the…

  • 2022 Arizona Legislative Recap

    The legislature’s 55th second regular session began on January 10 and lasted 167 days. This legislative session was one of the longest in Arizona’s history, with over 2000 bills filed. This year, the Arizona Retirement Security Coalition (ARSC) fought back…

  • Does Gen Z Have a Job-Hopping Problem?
    Gen Z

    Some speculate that due to the recent uptick in Gen Zers’ turnover rates, benefits like pensions are unsuitable for young workers. A recent article published by the Sunlight Policy Center claimed that younger generations seek “mobility” over stability, a claim…

  • Racial Inequity in Retirement
    retirement security

    In honor of Juneteenth, we revisit the important role pensions play in establishing financial equity for Black Americans. This piece was written by NPPC’s Executive Director, Bridget Early, and was originally posted on June 10, 2020. Our nation is engaged…

  • Public Employee Stories: June 21, 2022

    Public employees across the nation give back to their communities in extraordinary ways every single day. From donating to food banks to helping neighbors and protecting their communities, public employees have always been there when their community needs them the…

  • 2022 Legislative Recap, Part 2

    It’s that time of year again! Each year states practice the rights provided by the Tenth Amendment to hold legislative sessions where representatives meet to draft and vote on legislation and policies. Today, NPPC shares part two of 2022’s state…

  • 2022 Oklahoma Legislative Recap
    Oklahoma-Pensions

    On May 27th, Oklahoma’s legislative session officially adjourned. In the 2022 legislative session, Keeping Oklahoma’s Promises worked tirelessly to advocate for the retirement security of our public employees and retirees. HB 2486, a bill sponsored by Representative Avery Frix, would…

  • Public Employee Stories: June 9, 2022

    Public employees across the nation give back to their communities in extraordinary ways every single day. From donating to food banks to helping neighbors and protecting their communities, public employees have always been there when their community needs them the…