The Defined Benefit

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  • Income Inequality Causes Retirement Inequality
    retirement inequality

    This blog is a re-post of a blog published by Tyler Bond on August 20, 2018. Updated and new information will be indicated with italics.   The goal of a retirement savings plan, like a pension, is to replace a certain…

  • Public Employee Stories: December 8, 2020

    During the COVID-19 pandemic, public employees across the nation have given back to their communities in extraordinary ways. From donating to food banks to helping their neighbors and protecting their communities, public employees have been on the front lines.  Teachers…

  • COVID-19’s Impact on Public Employment

    The coronavirus-induced economic crisis has devastated many parts of our economy this year, including state and local governments’ budgets that provide essential services like public safety, education, and nursing. In today’s blog, we will take a deeper look at how…

  • Public Employee Stories: December 1, 2020

    During the COVID-19 pandemic, public employees across the nation have given back to their communities in extraordinary ways. From donating to food banks to helping their neighbors and protecting their communities, public employees have been on the front lines.   Here…

  • Giving Thanks For Our Public Employees

    Things are different this holiday season. For our safety and the safety of others, we may forego our usual Thanksgiving gathering. While we’ve had to change what tradition looks like, we have been fortunate enough to rely on our essential…

  • Reasoning with Reason

    Written by Keegan Shepherd, Policy Coordinator for the Texas Pension Coalition Improv comedy is not really my thing, but there are a few principles in improv that I find helpful when engaging with people who bring up negative news about…

  • Three Reasons Why Public Pensions Are Cheaper Than Other Retirement Plans Like 401(k)s
    The pension crisis is a myth

    Too often it is claimed that closing public pension plans and moving all newly hired public employees into defined-contribution plans like a 401(k) or cash balance hybrid plans is needed for state and local governments to address budget shortfalls. However,…

  • Public Employee Stories: November 17, 2020

    During the COVID-19 pandemic, public employees across the nation have given back to their communities in extraordinary ways. From donating to food banks to helping their neighbors and protecting their communities, public employees have been on the front lines.  Teachers…

  • The Employees Retirement System of Texas: At a Crossroads

    Written by Keegan Shepherd, Policy Coordinator for the Texas Pension Coalition Millions of votes have been cast in the state of Texas, and we now have a pretty good sense of what our incoming class for the 87th Texas Legislature…

  • Three Reasons Why It’s Difficult to Save for Retirement
    when to retire

    Did you know that, according to the National Institute on Retirement Security (NIRS), 57 percent of workers have nothing at all saved for retirement?  It’s troubling that a majority of Americans are caught in a retirement savings crisis. Here are…

  • Public Employee Stories: November 10, 2020

    During the COVID-19 pandemic, public employees across the nation have given back to their communities in extraordinary ways. From donating to food banks to helping their neighbors and protecting their communities, public employees have been on the front lines.   Here…

  • Public Pensions FAQ

    Today, NPPC is re-sharing this blog originally posted on August 18, 2017, and written by Jennifer Watkins.  In the fight to protect pensions, education is key. We’ve answered some of the most commonly asked questions about public pensions. For more…