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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…
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…
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 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…
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 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,…
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…
[rwd imageid=’759′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Wyoming-NPPC-Pensions-4.png’ alt=“Wyoming Pensions Retirement”] Almost all public employees in Wyoming have their defined benefit pension managed by the Wyoming Retirement System. WRS manages eight separate pension plans for over 700 different employers statewide. These include…
We’ve mentioned cash balance pension plans a few times on this blog. Pew’s Public Sector Retirement Systems project and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans…
A recent study from researchers at the University of California, Berkeley, confirmed what we here at NPPC already know: traditional defined benefit pensions provide more retirement income for teachers than 401(k)-style plans. This comes as a surprise to no one.…
Sunday is Valentine’s Day. People all across the country will be giving chocolates and roses to the ones they love. Here at NPPC we love public pensions- and we know you do too! Pensions have everything you are looking for:…
It might not be on your calendar, but today is the first meeting of the Texas Pension Review Board this year. The PRB consists of seven members appointed by the governor to oversee public pension plans in the state. Recently,…