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  • New K-12 Workforce Survey Finds Vast Majority of Employees Satisfied With Ability to Serve Public and Job Security

    WASHINGTON, June 4, 2020 /PRNewswire/ — With schools facing unprecedented challenges in the wake of the COVID-19 pandemic, the Center for State and Local Government Excellence (SLGE) and ICMA-RC have released new research that assesses K-12 public school employees’ views on their job and benefit…

  • Retirement crisis for women is even worse than you think

    American women are facing a much bigger retirement crisis than men. They are likely to earn less during their working lives, and then to live longer after they retire. And if they take on extra unpaid responsibilities instead of paid…

  • Cost-of-living adjustment for state pensioners becomes law

    Legislation granting cost-of-living adjustments for retirees in six Oklahoma pension plans, including teachers, firefighters, police, public employees and justices and judges, was signed into law Thursday by Gov. Kevin Stitt. House Bill 3350 bases COLAs on the number of years…

  • AFT calls on Senate leader to protect older Americans, not punish them

    The COVID-19 pandemic has had a devastating impact on families and communities across the country, but the crisis has underscored the vulnerability of older Americans in particular. That’s why the AFT sent a letter to Senate Majority Leader Mitch McConnell…

  • Public Pensions Plowed $179 Billion into State and Local Government Coffers in 2018, Study Shows

    WASHINGTON–(BUSINESS WIRE)–Public pension funds helped power the U.S. economy during 2018, generating $179.4 billion more in state and local government revenues than taxpayers put in, according to a biennial study by the National Conference on Public Employee Retirement Systems. Public pensions’…

  • Public pensions are not an albatross

    Don’t let the debate over a federal bailout for states — which every state is going to need, in the wake of the coronavirus pandemic — get hijacked by what we’re going to call the “pension pariah.” President Trump and…

  • RECAP OF THE CORONAVIRUS-SHORTENED LEGISLATIVE SESSION

    The coronavirus outbreak impacted the late stages of the 154th regular session of the Kentucky General Assembly that ended Wednesday. The pandemic prompted the legislature to make changes to usual procedures. Lawmakers went from considering drafts of a two-year state…

  • For Workers Over 50, a Job Without Benefits Spells Long-Term Trouble

    When the retirement expert Alicia H. Munnell finished gathering data for a study on American workers ages 50 to 62 in jobs without benefits, she was stunned. “When I looked at the results I thought, ‘This can’t be right,’” Dr. Munnell, director…

  • New Law Gives More Financial Protection To Police And Firefighters

    DENVER (CBS4) – Gov. Jared Polis has given firefighters and police officers killed or injured in the line of duty more protection. He signed House Bill 20-1044 which gives the Colorado Fire and Police Association Pension Board more flexibility in adjusting contributions.…

  • Kentucky lawmakers agree to fully fund teachers’ pensions without caveats in budget talks

    LOUISVILLE, Ky. (WDRB) – Kentucky lawmakers negotiating the state’s next two-year budget agreed Wednesday to fully fund the Kentucky Teachers Retirement System (KTRS), rejecting the Senate’s proposal to withhold more than $1 billion in funding in exchange for structural reforms to the…

  • What the Coronavirus Stock Meltdown Could Mean for Pensions

    The coronavirus’ potential impact on the global economy has sent shock waves through the U.S. stock market, with successive slides that spell bad news for public pensions. Over the last month, all the market gains made last year have been…