The Defined Benefit

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  • 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…

  • Why We Write About Public Employee Stories

    A little over a year ago, we at NPPC embarked on a journey to write about public employees giving back to their communities in extraordinary ways during the coronavirus pandemic. Since then, we’ve collected 500 stories from small and major…

  • Government Employees Benefit from Financial Literacy Programs

    One advantage of defined-benefit pensions is that employees do not have to individually manage their retirement accounts – instead, pension funds are managed by finance professionals with deep knowledge of the market and years of experience. And, because of a…

  • Public Employee Stories: July 13, 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…

  • ProPublica Reveals How the Wealthy Use Roth IRAs to Avoid Paying Taxes
    Tax Day and public pensions

    The dream of a secure retirement is out of reach for most Americans. Fifty-seven percent of workers do not have anything saved for retirement. Voters across party lines overwhelmingly agree that the nation faces a retirement security crisis.  However, the…

  • Public Employee Stories: July 6, 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…

  • State Pension Recap: 2021 Sessions, Part Two

    Following last year’s shortened legislative sessions due to the coronavirus pandemic, state legislators across the country returned to work full legislative sessions in 2021. Today we’re going to share the most significant actions they made on pensions in part two…