The Defined Benefit

  • Reclaiming the American Dream: The Battle for Retirement Security

    In the ongoing saga of retirement planning, the shift from traditional pensions to more volatile 401(k) plans has left many Americans feeling uncertain about their financial futures. Sara Schambers, a Ford auto worker and fourth-generation union member, exemplifies the concerns…

  • Closing the Gender Pension Gap: Challenges and Solutions for Women in Public Service

    Women’s History Month presents an opportunity to honor and recognize the invaluable contributions of women throughout our nation’s history. However, it also serves as a time to reflect on areas where advancements in gender equality are still needed. Today, we…

  • Educator Exodus: Why You Should Be Concerned About the Teacher Shortage Crisis

    In the midst of the turbulent education landscape, one crisis casts a shadow larger than any other: the severe shortage of teachers affecting states across the nation. Headlines detail the dire consequences of this shortage on our schools’ learning environments,…

  • A Good Time for Pensions: Why the Time is Ripe for a Secure Future

    In the years following the Great Recession of 2007-2009, billionaire-backed opponents of defined-benefit pensions presented a reasonably straightforward case. The financial crisis sent equities tumbling, funding ratios of pension plans cratered, and it was easy for opponents of public employees…

  • 2024 State Legislative Preview

    At NPPC, we believe every American deserves to retire with dignity. Our priority is protecting pensions for public workers in states across the country. Here is a look ahead at some of the state legislative sessions we are monitoring this…

  • Honoring Martin Luther King Jr.’s Legacy: Advancing Equality in the Public Sector

    In the struggle for equality during the American civil rights movement, the Reverend Dr. Martin Luther King Jr. played a pivotal role in advocating for job opportunities for African Americans in the public sector. King believed that access to these…

  • Our New Year’s Resolution: Secure Pensions for Public Employees

    Like many folks around the world, we here at NPPC are ringing in 2024 by setting intentions for the upcoming year. In our efforts to guarantee a secure retirement for all public employees, we remain committed to the following: Protecting…

  • Year-End Review: Assessing the Evolving Pension Landscape

    As we approach the year’s conclusion and gear up for the upcoming legislative session, let’s look at the evolving pension landscape across several states. Today, we shed light on the noteworthy shifts in pension policies, pinpoint where we anticipate significant…

  • Is the Private Sector Eying a Return to Pensions?

    Over four decades ago one small change to the Internal Revenue Code through the 1978 Revenue Act changed the course of retirement in America. Section 401(k), originally a retirement tax-deferral initiative, eventually became the name of a  financial product, but…

  • Educational Support Professionals: Pillars of Public Education

    Every day, millions of Americans entrust their children’s education to public schools. Since 1921, the National Education Association and other educational organizations have recognized the week before Thanksgiving as American Education Week – a time to celebrate the many individuals…

  • Celebrating Unsung Heroes: A Month of Gratitude for Public Employees

    In the hustle and bustle of our daily lives, we often overlook the tireless efforts of the unsung heroes who work diligently behind the scenes to keep our communities thriving. They are the public employees who dedicate themselves to serving…

  • Understanding the Retirement Savings Gap

    Retirement is envisioned as a well-earned chapter of life, a time to savor after years of hard work. However, for countless Americans, a significant roadblock stands in their path–the retirement savings gap. As many retirees have come to realize, their…