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We’ve written before about how 401(k)s favor the wealthy, but also how pensions can help low-income workers prepare to retire. In general, low-income workers struggle to save for retirement and that is reflected in the large disparity in retirement savings…
If you are a long time reader of Defined Benefit, then you know that we are no fan of 401(k)s here. As 401(k)s have increasingly replaced defined benefit pensions, the retirement security of many Americans has eroded. A new report…
The full retirement age for Social Security is gradually moving from 65 to 67. Some politicians want to raise it even higher. Additionally, some people say the solution to America’s retirement security crisis is to work longer. For many workers,…
Welcome to the latest edition of This Week in Pensions! This is your source for the best news in pensions and retirement security from the previous week. Here are the top stories from the week: Faulty claims underlie legislative call…
Over the past thirty years, pensions have almost disappeared in the private sector. Fortunately, pensions are still fairly common in the public sector, but even there, they are under attack. This decline in the availability of pensions represents a shift…
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.…
We’re back again with our new weekly feature: This Week in Pensions. We’re gathering the best stories from the week about pensions and retirement security. This is the news you need to know. Here are this week’s top stories about…
Today is International Women’s Day and around the world, people will celebrate the accomplishments of women. But today is also a day to reflect on the challenges women still face. One major challenge facing women in the United States is…
“This Week in Pensions” is a new series here at Defined Benefit. Each week we will gather the five best stories about pensions and retirement security. “This Week in Pensions” is your go-to source for the news you need to…
The Big Short only won one Oscar on Sunday night- for Best Adapted Screenplay- but it’s still a winner for us here at NPPC. The film tells an important story about how reckless greed on Wall Street wiped out the…
Last week I wrote about the book release of Retirement on the Rocks by Professor Christian Weller. In addition to being an economics professor at UMass-Boston, Weller is also a senior fellow at the Center for American Progress. In October…