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Welcome to the latest edition of This Week in Pensions! We have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the fight for a secure retirement.…
Welcome to the latest edition of This Week in Pensions! We have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the fight for a secure retirement.…
On behalf of all of us at the National Public Pension Coalition, we want to wish you a happy Retirement Security Week! Every year during the third week of October, we recognize the importance of defending the pensions public workers…
Today’s post was written by NPPC’s Executive Director Bridget Early. Readers of Defined Benefit know that NPPC has been shining a light on the failings of the defined contribution 401(k). Since its inception in the 1980s as a retirement savings…
Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know in the…
Across the country, new governors and state legislators are being sworn into office this month. Many of these policymakers will cast votes and make decisions regarding public pensions during their time in office. New legislators often enter office with little…
Earlier this week, the article West Haven PD, losing officers, pleads with city to return to a traditional pension plan was published in the New Haven Register. The article details how ten years after the city switched the police department…
Long time readers of Defined Benefit know that 401(k)-style defined contribution plans have largely failed working families. Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s,…
Recently, the headlines in the financial section of the newspaper have been dominated by stories about the stock market declining. Some have termed this a “correction” believing that the value of the stock market was inflated to begin with. Regardless…
This week is National Retirement Security Week! Proclaimed by an official declaration from Congress in 2016, each year supporters of 401(k)-style defined contribution plans use this week to promote their products. We’ve decided to take back retirement security from the…
During the month of October, we at the National Public Pension Coalition are celebrating retirement security. Next week is National Retirement Security Week. We’ll have more to say about retirement security in a series of blog posts next week. This…
The goal of a retirement savings plan, like a pension, is to replace a certain amount of pre-retirement income during retirement. In earlier periods of American history, many elderly citizens spent their last years in desperate poverty with little savings…