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The first public pension plan for teachers was established in Manhattan in 1894. In the 1910s, six states established teacher pension plans. More states followed suit and now the overwhelming majority of public school teachers in the United States participate in traditional…
You have to give Amazon credit. In a rare public auction, the retail giant promised up to 50,000 jobs at a second headquarters, or “HQ2,” and sat back while 238 cities and states tripped over each other to offer the most lucrative…
Washington, DC – A report released today by the National Public Pension Coalition found that charter schools in certain states are not providing an adequate retirement for their teachers. When charter schools opt out of public pension plans, they instead…
Today ends the week known as National Retirement Security Week. Although the week started in 2006 as a week to raise awareness about the importance of saving for retirement, progress since then suggests the more apt title for the week…
Who doesn’t love choice? Chocolate or vanilla? Cheese or pepperoni? Boutique fitness studios have popped up everywhere so no matter what your preferred workout, you can have it. Lawmakers in some states like Michigan, Florida, Pennsylvania, and Indiana have co-opted…
Washington, DC – Public pensions are one of the hottest topics in statehouses across the country. Good Jobs First, a non-profit, non-partisan research center focusing on economic development accountability recently released a report entitled, “Putting State Pension Costs in Context.”…
LEXINGTON –A study released today finds that Kentucky gives away massive tax breaks to corporations, while continuing to underfund retirement security for hard-working public employees. The amount given to corporations far exceeds what the state owes to keep its pension…
LEXINGTON – Today, the Kentucky Public Pension Coalition (KPPC) expressed disappointment that PFM used its Pension Performance and Best Practices Analysis to promote Governor Bevin’s political agenda, rather than to offer constructive solutions for Kentucky’s pension systems. PFM’s 401(k) “solution”…
Bailey Childers is executive director of the National Public Pension Coalition. In this Quick 5 interview, she talks about the retirement crisis in the U.S.
More than 200 days into Donald Trump’s presidency, we now have a clear answer on whom his administration will serve: Wall Street and corporations. Gone are his promises from the campaign trail to help struggling American families. At every opportunity,…
If you’re reading this article, there’s about a fifty percent chance you are not offered a retirement plan through your current employer. That’s according to studies from the National Institute on Retirement Security (NIRS) and Pew, which estimate that almost…
For a decade now since the Great Recession, special interests have waged a false-information campaign against public pensions. While not all of the motives are clear, one thing is certain: if the over $3.8 trillion in assets managed by state and local…