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The 2008 financial crisis- dubbed “The Great Recession” by many- had devastating consequences throughout the American economy. Public pension plans were among the hardest hit by the Wall Street greed that led to the crisis. Many public pensions suffered steep…
Welcome to the latest edition of This Week in Pensions! After taking a week off, we are back with the latest news in the fight for a secure retirement. As we always do, we have gathered the top stories about…
With Tax Day right around the corner, we thought this would be an appropriate time to answer the question: how many tax dollars go to public pensions? As we’ve written before, public pensions receive funds from three sources: employer contributions,…
This week is National Save for Retirement Week. Established by an act of Congress in 2006, this week is intended to raise awareness and promote participation in employer-sponsored retirement savings plans. We at the National Public Pension Coalition believe every…
In the conversation around public pensions, there are a lot of myths that get repeated over and over again. We’re going to dispel three of the most common myths here. Myth #1: Pensions are Underfunded and Unsustainable Fact: Most public…
We all know that pensions provide a safe and secure retirement for public employees in a cost-effective way. In many states, though, anti-pension ideologues and politicians try to sell pension “reform” as a way to save money for the state.…