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The June 19 editorial “A smart step on pensions” said Pennsylvania’s new law on pensions would give most new state employees a choice of “three retirement savings options similar, in varying degrees, to the defined-contribution plans common in the private…
I remember those first few real paychecks when I got out of college. It felt like I had all the money in the world! I got a cheap apartment near the Susquehanna River in Harrisburg, I could go out with…
Washington, DC – According to the Washington Post, the budget proposal that President Trump is scheduled to release on Tuesday would undermine the retirement security of federal employees. The proposed budget would require federal employees to pay more out-of-pocket for…
Recently, the Mackinac Center for Public Policy — a right-wing think tank funded heavily by the Koch brothers — penned an article attacking the Michigan Office of Retirement Services (ORS) for recent accounting errors. While the errors were real, the…
Washington today is divided. One could say that many of our states are divided as well. With so many marquee issues on the line over the next few years — tax reform, healthcare, Social Security, Medicare — there is one…
If you want a good history lesson, look no further than the Rust Belt. Beyond the relics of America’s industries are hardworking Americans serving as living reminders of the devastating consequences of what happens when cities and states close a…
If you want a good history lesson, look no further than the Rust Belt. Beyond the relics of America’s industries are hardworking Americans serving as living reminders of the devastating consequences of what happens when cities and states close a…
Washington, DC – This week, the National Public Pension Coalition released a new report titled Why Pensions Matter, a comprehensive examination of the origins and importance of public pensions. The report examines how public pensions have developed over time, as…
Pensions might look like a pot of gold to politicians right now, but they should go follow another rainbow if they want extra funds to pay state bills. Public pension funds need to stay right where they are.
Pensions might look like a pot of gold to politicians right now, but they should go follow another rainbow if they want extra funds to pay state bills. Public pension funds need to stay right where they are. Public pensions…
As Americans across the country struggle with stagnating wages, increasing costs of education, and dire prospects for a secure retirement, they should ask themselves if the billionaires taking over our government in Washington and behind the scenes in the states…
“We’re seeing more and more communities take steps to protect public pensions, and it’s a trend that has largely fallen under the radar,” says Bailey Childers, executive director of the National Public Pension Coalition. Most public pension funds have increased employee…