The Defined Benefit

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  • America Has a Retirement Crisis

    Today’s blog post is written by Andrew Collier, NPPC’s Communications Director. According to a recent National Institute on Retirement Security (NIRS) report,  more than 75 percent of Americans are worried about their ability to attain and sustain financial security in…

  • Cash Balance Plans Could Make a Comeback
    pension-benefit-equation

    As state legislative sessions wind down across the country, some lawmakers are looking toward next year to introduce disastrous pension legislation. We here at NPPC think this is a good time to re-post a blog written by our former Program…

  • Share Your Story: Suzan

    Throughout the summer, NPPC will be sharing the stories of retired and current public employees, told in their own words. [youtube url=”https://www.youtube.com/watch?v=ieGgCiNM98I”]

  • Defined Benefit Pensions Continue to Provide Retirement Security

    This week, Andy Kiersz of Business Insider wrote an article about The Federal Reserve’s recently published report on household finances in the US. The report found that a staggering 26 percent of non-retired adults, regardless of age, have absolutely no…

  • Texas Legislature Provides “13th Check” to Retired Teachers
    retirement security

    This year’s legislative sessions have been a whirlwind for NPPC’s coalitions across the country. Our coalitions have done some great work by ensuring the protection of public employees’ pensions and making sure retirees can keep up with the cost of…

  • New Brief Finds Benefit Cuts Reduce Retention
    Pennsylvania-pension-workers

    This month, the Center for Retirement Research at Boston College released a brief entitled, “Do Benefit Cuts Encourage Public Employees to Leave?” Their findings indicate that benefit cuts to current employees cause employees to leave the public sector for private…

  • Unpacking Missouri’s Legislative Session For Public Pensions

    Today’s blog post was written by Crystal Brigman Mahaney of the Missouri Retirement Security Coalition. Those who believe all Missourians should be able to retire with dignity and security — especially after a long career of serving our communities — can breathe a little…

  • Branford PD Restores Pensions for Officers and Why it Matters
    Utah pension changes

    In April it was reported by the New Haven Register that Branford, Connecticut’s Police Department was looking to restore defined benefit pensions for their officers. Yesterday, that push came to be as the Representative Town meeting unanimously approved both the…

  • Pew Misleads States by Pushing Cash Balance Plans

    At the end of this month, Pew Charitable Trusts plans on unveiling a new report that highlights the aspects of the best funded pension plans. Today’s blog post is a reminder to readers of Pew Charitable Trusts’s track record when…

  • The Push for COLAs and Teacher Pay Raises in Texas
    charter school teacher

    The State of Texas is moving in the right direction. This year, the state legislature is making strides to provide a dignified retirement to their retired public employees and make sure that their teachers are paid adequately. This year, several…

  • Oregon Gov. Kate Brown Turns Her Back on Public Employees
    pension cuts

    Today’s blog post was written by NPPC Communications Director Andrew Collier. In last year’s  gubernatorial election in Oregon, Kate Brown defeated State Representative Knute Buehler. We’ve written about how anti-pension Buehler is before: he expressed interest in switching all newly…

  • Where are state legislatures with COLAs?
    Attacks on pensions promote retirement inequality

    Over the last few weeks, we’ve been updating readers on where cost-of-living adjustment (COLA) bills are all across the country. Many retired public employees haven’t seen a COLA in over a decade. As the price of medicine, groceries, and other…