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  • Understand “Stress Testing” and How it Impacts Public Pensions
    financial stress testing

    Today, we will be re-sharing this blog post that was originally published on February 25, 2019.  In the past few years, states have considered legislation that would require public pension plans to conduct financial stress testing. While we’ve mostly written…

  • When a “Defined-Benefit” Isn’t a Defined-Benefit
    public pensions

    The term “defined-benefit” has been traditionally used as a synonym for “pension.” Increasingly, the term is being used to describe hybrid cash balance plans. While not wholly inaccurate, as we’ll explain, it is certainly misleading for employees and lawmakers to…

  • What is Stress Testing and Why Does It Matter?
    financial stress testing

    In the past few years, states have considered legislation that would require public pension plans to conduct financial stress testing. While we’ve mostly written about Pew’s promotion of cash balance plans, Pew is also known for traveling to states and…

  • Kentucky’s Cash Balance Plan Fails Teachers
    Kentucky pensions

    We’ve written many times about the rushed and potentially unconstitutional process Kentucky legislators used to pass SB 151, the stinking anti-pension bill. While the battle is still playing out in the courts over whether the bill was passed constitutionally, we…

  • Pew’s Public Sector Retirement Systems Project Cannot Be Trusted
    Truth About Pew

    Pew Charitable Trusts is a respected institution studying many different aspects of American life. Legislators, civic leaders, and everyday Americans rely on Pew for objective, high-quality data and analysis on various issues. So why is one small division of Pew…

  • Kentucky Must Fix Its Porous Tax Code
    Kentucky pensions

    Today we are resharing a post from September 2017 about a report from Good Jobs First, a national nonpartisan organization that tracks economic development programs. Their report found that Kentucky gives away far more each year through corporate subsidies and…

  • There is finally a pension bill in Kentucky and it’s bad
    pension cuts

    For months now, public employees and retirees in Kentucky have awaited the introduction of a pension bill. Republican legislators have been promising that the introduction of a pension bill is just days away, but they never ended up releasing anything-…

  • Pew Misleads States By Pushing Cash Balance Plans
    Pew Research Center misleads states

    The Pew Charitable Trusts are a widely respected source of information on a great number of subjects. Pew provides objective, non-partisan analysis on issues ranging from religion & public life to the health of the oceans. Unfortunately, one division of…

  • This Week in Pensions: January 13, 2017

    Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…

  • This Week in Pensions: April 15th, 2016

    Welcome to the latest edition of This Week in Pensions! As we do every week, we have gathered the best stories from the previous week about pensions and retirement security. This is the news you need to know about the…

  • This Week in Pensions: April 1st, 2016

    Welcome to the latest edition of This Week in Pensions! Today may be April Fool’s Day, but retirement security is no joke. We’ve gathered the best stories from the previous week about pensions and retirement security to keep you informed.…

  • The Truth About Pew’s Public Sector Retirement Systems Project

    The Public Sector Retirement Systems project, a division of the Pew Charitable Trusts, is a well-known source of information on a variety of topics from religion in public life to the health of the oceans. In one particular area though,…