The Defined Benefit

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  • 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…

  • Public Employee Stories: January 4, 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…

  • Public Employee Stories: December 21, 2021

    Public employees across the nation give back to their communities in extraordinary ways every single day. As readers know, on Saturday, December 11, tornadoes left a deadly trail across six states: Arkansas, Illinois, Kentucky, Missouri, Tennessee, and Mississippi. Since the…

  • Highlights and Goals from the NPPC Team

    It’s December – the time of year when we reflect on our accomplishments while looking forward to the coming year. Below, the team here at NPPC shares what we were able to do to preserve retirement security for working men…

  • A Look at the History of Public Pensions

    Today’s blog was written by Tristan Fitzpatrick and originally posted on August 19, 2020. Pensions have played a critical role in retirement security from the earliest days of the republic, going back to the American colonies offering pensions to soldiers who…

  • Public Employee Stories: December 7, 2021

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

  • Public Employees are Advocating for Their Pensions
    Arnold attacks public pensions

    If you’re a regular reader of This Week in Pensions, our weekly wrap-up of the latest pension news, you may have noticed a common theme in our last two editions: public employees advocating for the preservation of pensions. From California…

  • Public Employee Stories: November 24, 2021

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

  • Missing the Point: Interim Study Showed Much More
    public pensions

    At the beginning of November, the Tulsa World published an article entitled Regular boosts to retired teachers’ income would derail progress toward fully funding OTRS, legislators told. Unfortunately, the reporter missed some critical points from the important interim study conducted…

  • UPDATE: ProPublica Reveals How the Wealthy Use Roth IRAs to Avoid Paying Taxes

    In July, we wrote about ProPublica’s series exposing that the ultra-rich are using Roth IRAs as a tax-free piggy bank. In the original reporting and blog post below, you’ll see that wealthy businessman Peter Thiel has a Roth IRA with…

  • ATTACKS ON PENSIONS PROMOTE RETIREMENT INEQUALITY

    This post was originally written by Tyler Bond in 2018. Defined benefit pensions are the most secure form of retirement savings. This has been true for decades and is why cities and states have offered pensions to their public employees…