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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…
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 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…
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 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…
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…
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…
An updated research brief from the National Conference on Public Employee Retirement Systems (NCPERS) reveals that defined-benefit (DB) plans offer significant advantages for public employees, employers, and taxpayers over defined-contribution plans (DC) plans. Below, we summarize three significant findings from…
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…
Retirement experts estimate that a worker will typically need to save at least $1 million to maintain their standard of living in retirement. However, many are far from meeting that goal. According to the Federal Reserve, 25% of U.S. adults…
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…
When a full-time employee starts a new position that includes a retirement benefit, their employer will usually introduce them to their retirement package in their first few days on the job. During this time, it can be easy for one…