The Defined Benefit

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  • The High Cost of Elder Care is an Intergenerational Crisis

    In a recent article for Vox, a woman named Laura shared how becoming a caregiver for her two aging parents depleted her finances. At first, Laura thought that she could afford to care for her parents because she worked as…

  • How Are Pension Benefits Calculated?
    public pensions

    Today, we are re-sharing this blog post originally published on June 30, 2016.  Defined-benefit pensions are the most secure and reliable way to provide retirement security for working families. The key feature of pensions is that they pay a guaranteed…

  • Public Employee Stories: August 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 community needs them…

  • How Pensions Guarantee Teachers a Secure Retirement
    teacher pensions

    The month of August is when teachers and school personnel across the country prepare to head back to school. As these valuable members of our communities get ready for another school year, we can do one thing to thank them…

  • Public Employee Stories: August 17, 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…

  • Public Employee Stories: August 10, 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…

  • Understand “Stress Testing” and How it Impacts Public Pensions
    financial stress testing

    Today, we will be re-sharing this blog post that was originally published on February 25, 2019.  In the past few years, states have considered legislation that would require public pension plans to conduct financial stress testing. While we’ve mostly written…

  • Public Employee Stories: August 3, 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 Ways Pensions Guarantee a Secure Retirement

    It’s more important than ever that every American should have access to a stable and dignified retirement. According to the National Institute on Retirement Security (NIRS), 67% of Americans say the country faces a retirement security crisis.  However, defined-benefit (DB)…

  • Public Employee Stories: July 27, 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…

  • New Research Shows Millennials and Generation X Have Increased Concerns About Their Retirement Security

    On Monday, the National Institute on Retirement Security (NIRS) released the findings of a new poll that revealed millennials and members of Generation X are more worried about their retirement security after the pandemic-induced economic crisis.  The study illustrated that…