The Defined Benefit

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  • Pensions Help Women Close the Income Gap
    retirement

    In 1978, Congress declared that March is observed as Women’s History Month, honoring and observing the contributions of women to the fabric of American society.  At that time, the gender pay gap was significant. On average, women earned only 62.7%…

  • The Yankee Institute Cannot Be Trusted
    Yankee Institute Still Shot

    This post was written by Michael Barry, Campaign Coordinator for the Connecticut Coalition for Retirement Security, to accompany the release of NPPC’s new video, The Yankee Institute Cannot Be Trusted. Watch on YouTube | Watch on Facebook The Connecticut Coalition for…

  • Why We Love Pensions

    It’s the sweetest time of the year! Each year for Valentine’s Day, we ask public employees to tell us why they love their pensions.  Valentine’s Day means more than candy hearts and roses to us. It means we get to…

  • Public Employee Stories: February 15, 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…

  • STATE-SPECIFIC RESOURCES TO PROTECT PENSIONS
    protect pensions

    NPPC works with state partners to protect pensions from misinformation spread by pension opponents, such as The Reason Foundation, and their allies. Today we want to highlight some of the state-specific resources created by NPPC and other organizations that can…

  • Public Employee Stories: February 2, 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…

  • Defined-Benefit Pensions and Racial Equity in Retirement

    Today, we will be re-sharing this blog post originally published by Tyler Bond on February 28, 2017. Updated information will be reflected in italics.  A report from the National Institute on Retirement Security (NIRS) finds that at least three-fourths of…

  • Pensions Are More Cost-Effective Than 401(k)s
    public pensions

    The National Institute on Retirement Security (NIRS) recently released a report entitled, A Better Bang for the Buck 3.0. The report, co-authored by NIRS’ Executive Director Dan Doonan, and William Fornia, FSA, Pension Trustee Advisors president, is a follow up…

  • Public Employee Stories: January 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…

  • NPPC Releases Report on the Pitfalls of Converting Public Employees to 401(k) Plans
    California Rule

    Over the years, NPPC has produced content outlining two critical topics: 401(k)s and the retirement security crisis and how converting public employees from a defined-benefit plan to a defined-contribution plan can cause states financial issues in the future. In our…

  • 4 Important Posts from 2021 We Think You Should Note

    This week’s blog post revisits some of our most important posts from 2021 discussing important pension topics.  Millennial Public Employees Want Pensions!: September, 2021 Millennials, defined as those born between 1981 and 1996, have experienced multiple economic disruptions throughout their…

  • Ted Benna: The Man You’ve Never Heard Of

    In the 1978 Revenue Act passed by the United States Congress, a small provision was inserted into the Internal Revenue Code called Section 401(k). Section 401(k) allowed employees to avoid taxation on deferred compensation. Although the tax code can be…