The Defined Benefit

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  • Retirement Security Week 2021

    It’s the third week in October, which means we are celebrating National Retirement Security Week! When first created, the goal of National Retirement Security Week was to create awareness about the need to plan and save for retirement. In that…

  • Public Employee Stories: October 19, 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…

  • Stories from New Hampshire Public Employees
    New Hampshire Decennial Retirement Commission

    Today we’re sharing stories submitted by New Hampshire current and retired public employees.   Active Fire Fighter – Mark Curtin Tell us a little bit about yourself. I grew up in and went to college in the Boston area. After…

  • Why Pensions Are Critical to Recruit and Retain Public Employees

    In addition to providing retirement security that retirees can count on, defined-benefit pensions also play an important role for state and local governments to recruit and retain highly qualified public employees in their workforces. A report from the National Institute…

  • Why Pensions Are Critical for Teachers’ Retirement Security
    public pensions for teachers

    In honor of World Teacher’s Day yesterday, we recognized the sacrifices teachers and school personnel make for our communities by sharing some of their stories. Today, we’re going to share why defined-benefit pensions are the best way to ensure they…

  • Public Employee Stories: October 5, 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…

  • Millennial Public Employees Want Pensions!
    public pensions

    Millennial public employees recognize that pensions are an important aspect of their retirement security. According to a report from NIRS, 71% of them say they would be more likely to leave their jobs if their pensions were cut. Ninety-two percent…

  • What Bellwether’s New Report Gets Wrong About Pensions
    public pensions

    Last month, Bellwether Education Partners published a misleading new report ranking teacher pensions in every state across America. Not surprisingly, given the organization’s past advocacy against pensions, the report is littered with falsehoods and inaccurate information about pensions’ ability to…

  • Public Employee Stories: September 21, 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…

  • Three Reasons Why Pensions Are Portable

    One of the biggest misunderstandings about public pensions is that if one leaves public service before they retire, then they cannot take their pension benefits with them. This belief is usually mentioned by those who say defined-contribution accounts like 401(k)s…

  • Public Employee Stories: September 9, 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…

  • How Financial Asset Inequality Threatens Retirement Security
    when to retire

    Last week, the National Institute on Retirement Security (NIRS) released a report that shows how financial asset inequality contributes to the retirement security crisis.  NIRS’s research examined the ownership of financial assets by class and race among the members of…