The Defined Benefit

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  • Puerto Rico, Pensiones y Los Fondos Buitre

    Puerto Rico está experimentando una crisis de deuda. Esta crisis ha afectado a la isla desde hace años y es evocadora de otras crisis de deuda como en Detroit, Grecia y Argentina. Hoy en día, vamos a ver un aspect…

  • Puerto Rico, Pensions, and Vulture Hedge Funds

    Puerto Rico is currently experiencing a debt crisis. This crisis has plagued the island for years and is reminiscent of other debt crises in Detroit, Greece, and Argentina. Today, we will look at one often overlooked aspect of Puerto Rico’s…

  • March Madness: Pensions Are a Slam Dunk for Retirement

    The NCAA men’s and women’s basketball tournaments kicked off last week. As always, there were major upsets as underdogs beat expectations and high-seeded teams lost earlier than expected. While March Madness is sweeping the nation, we here at NPPC are…

  • State Pension Update, Spring Break Edition: Florida

    Many colleges and universities are on spring break this week. Students from across the country will be flocking to Florida’s beaches to take a break from school and soak up the sun. While these students may be able to enjoy…

  • Student Loan Debt Reduces Retirement Security

    The amount of student loan debt has increased significantly in the last decade. A study by Experian found that student loan debt had risen 84 percent from 2008 to 2014. A new report reveals the threat this poses to retirement…

  • Chuck Reed, San Jose, and the Fiasco of Measure B

    I’ve mentioned Chuck Reed a couple times before on this blog. He’s the former mayor of San Jose, CA, who led a misguided attempt to gut pensions for public employees there. Even after his failure in San Jose, he’s made…

  • International Women’s Day: Women Need Retirement Security

    Today is International Women’s Day and around the world, people will celebrate the accomplishments of women. But today is also a day to reflect on the challenges women still face. One major challenge facing women in the United States is…

  • State Pension Update: Expanding Pensions in Wisconsin

    As we’ve written before, Wisconsin has one of the best public pension systems in the country. The Wisconsin Retirement System is a model state pension system that is well-funded and provides a secure retirement to public employees throughout the Badger…

  • The Big Short and Your Retirement

    The Big Short only won one Oscar on Sunday night- for Best Adapted Screenplay- but it’s still a winner for us here at NPPC. The film tells an important story about how reckless greed on Wall Street wiped out the…

  • State Pension Update: a Win for Indiana Teachers

    Teachers in Indiana scored a victory last week when a controversial bill that would have made harmful changes to their state pension was defeated. House Bill 1004 died in the state senate due to a lack of support. While HB…

  • The Truth About Pew’s Public Sector Retirement Systems Project

    The Public Sector Retirement Systems project, a division of the Pew Charitable Trusts, is a well-known source of information on a variety of topics from religion in public life to the health of the oceans. In one particular area though,…

  • Chris Christie: Not Just Bad on Pensions
    NJ-pensions-funding

    Earlier this month New Jersey Governor Chris Christie ended his campaign for the Republican presidential nomination. For the people of New Jersey, this will hopefully mean serious financial issues the state is facing can now be addressed. Christie virtually ignored…