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Today’s post is written by Andrew Collier, Communications Director at NPPC. Over the years, many states have enacted laws that make public employee retirees’ pension benefits public information. Every retired public employee, from your high school custodian, school superintendents, to…
A cost of living adjustment (known as a COLA) is is an increase in the amount of a retiree’s or beneficiary’s pension payment in order to account for inflation. As time goes on and inflation increases, the daily costs of…
This post was originally published on October 24, 2017 Today the National Public Pension Coalition released a new report titled A School’s Choice: Retirement Security for Charter School Teachers. The report focuses on states where public charter schools have the…
As we await a decision from the Kentucky Supreme Court, we wanted to share this piece, written by Laura Adams, a fourth generation teacher from Henry County, Kentucky. Adams shares her story about what SB 151, if upheld by the…
This Thanksgiving, we here at the National Public Pension Coalition are thankful for public employees. We are thankful for their lifetimes of service and all they do to keep our communities running smoothly. Public employees are there for us on…
This week kicks off the holiday season. Many people will be traveling all over the country to spend Thanksgiving with family and friends. With the election not that far in the rearview mirror, politics are likely to come up in…
In light of Amazon announcing its two new headquarters on the East Coast, along with the incredible tax incentives provided by Virginia and New York, we’d like to repost a blog from last year about corporate giveaways. In many states,…
Long time readers of Defined Benefit know that 401(k)-style defined contribution plans have largely failed working families. Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s,…
Indiana Democrats had a rough night in Indiana, including losing a U.S. Senate seat. Republicans were able to keep their supermajorities in the State House and State Senate and in pension world, a ballot initiative which forces the legislature to…
Tomorrow, November 6th, is Election Day! This election is one of the most significant in years. Not only are 435 seats in the U.S. House of Representatives up for election, but 35 U.S. Senate seats, and 35 U.S. governor’s mansions…
It’s that time of year again — when the temperature is cooling off and the leaves are falling — when we must once again enter that most frightening of places: the Haunted House of Pension Horrors. Full of frightening characters…
Recently, the headlines in the financial section of the newspaper have been dominated by stories about the stock market declining. Some have termed this a “correction” believing that the value of the stock market was inflated to begin with. Regardless…