The Defined Benefit

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  • New Hampshire Primary

    Today is the New Hampshire presidential primary. As in Iowa last week, presidential candidates of both parties have been canvassing the state hoping to win votes at the ballot box. Also like Iowa, New Hampshire public employees earn a defined…

  • Did you know Peyton Manning has a pension?

    Last night the Denver Broncos won Super Bowl 50. For Denver’s starting quarterback Peyton Manning, this was almost certainly his last game before retirement. Once Manning enters retirement, there is one thing he can count on: his defined benefit pension.…

  • 2016 State Outlook: Alabama
    Alabama-Pensions

    [rwd imageid=’768′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Alabama-Pensions.png’ alt=“Alabama State Pensions”] Alabama has strong public pensions. The Retirement Systems of Alabama manages assets of over $37 billion and annually pay out close to $3 million in benefits. RSA earns strong returns on…

  • 2016 State Outlook: Oklahoma
    Oklahoma-Pensions

    [rwd imageid=’765′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Oklahoma-Pensions.png’] Oklahoma’s 2016 state legislative session starts today. Oklahoma has been in the news a lot recently for a couple of big problems: a teacher shortage and a revenue failure. Neither of those issues directly…

  • Iowa Caucus

    Tonight is the Iowa caucus, the kick off of the presidential nominating process for both Republicans and Democrats. We’ve heard a lot from the presidential candidates, but not a lot about retirement security. Before we talk about the candidates though,…

  • The Inefficiencies of Existing Retirement Savings Incentives

    Last week I wrote about the book release of Retirement on the Rocks by Professor Christian Weller. In addition to being an economics professor at UMass-Boston, Weller is also a senior fellow at the Center for American Progress. In October…

  • 2016 State Outlook: Virginia
    Virginia-NPPC-Pensions

    [rwd imageid=’772′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/01/Virginia-NPPC-Pensions.png’] Virginia’s public employees have endured a couple rounds of cuts to their defined benefit pensions in the past several years. Most recently, in 2012, the Virginia General Assembly passed a law that forced new…

  • 2016 State Outlook: Missouri
    Missouri-Pensions-NPPC

    [rwd imageid=’776′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/01/Missouri-Pensions-NPPC.png’] Retirees and public employees in Missouri should feel good about the security of their retirement. Missouri’s public pensions are healthy and state politicians have largely avoided unnecessary, misguided attacks on pensions. Last year, the…

  • Retirement on the Rocks

    Yesterday, economics professor Christian Weller spoke at the Center for American Progress about his new book Retirement on the Rocks. His book presents a detailed look at the retirement crisis facing Americans. Not only does he diagnose the problem, but…

  • The Star Wars Theory of Retirement

    Last week, NPPC’s executive director Bailey Childers wrote on CNBC about the December 2015 jobs report. She talked about how the release of Star Wars: the Force Awakens accounted for thousands of new jobs, but those jobs aren’t likely to…

  • 2016 State Outlook: Michigan
    Michigan-Pensions-NPPC

    [rwd imageid=’779′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/01/Michigan-Pensions-NPPC.png’] This week the Michigan state legislature began its 2016 legislative session. As legislators there consider how best to provide retirement security to public employees, it’s important to look back on Michigan’s history. In 1997,…

  • 2016 State Outlook: Colorado
    Colorado-Pensions-NPPC

    [rwd imageid=’781′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/01/Colorado-Pensions-NPPC.png’] The Colorado state legislature begins its 2016 legislative session today, with pensions and retirement security both on the agenda for this year’s session. During the break between the 2015 and 2016 legislative sessions, three…