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Since the current market downturn began, pension critics have been pushing a false narrative that unfunded liabilities are skyrocketing and that pensions are at risk of running out of money. Last Tuesday, the Center for State & Local Government Excellence…
Last Thursday, the National Institute on Retirement Security (NIRS) released new research on how the gender pay gap affects women in retirement. In its findings, NIRS discovered that “older women receive about 80 percent of the retirement income older men…
In 2018, the Pension Rights Center received roughly 2,000 inquiries from people seeking free legal assistance with their retirement plans. About one-fifth of those inquiries involved divorce. Emily Spreiser, Legal Program Director at the Pension Rights Center, shared this number…
On Monday, Good Jobs First (GJF), a non-profit, non-partisan research center focusing on economic development accountability, released another round of reports showing how states give away millions of dollars in corporate tax breaks and subsidies each year, money that could’ve…
Right now, millions of Americans are feeling the financial impact of the COVID-19 pandemic. In the past four weeks, more than 22 million unemployment claims have been filed across the country. The stock market is trying to recover from a…
Welcome to this week’s 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.…
Long-term care supports 7.9 million Americans over the age of 65 who cannot successfully navigate day to day activities on their own due to their age, according to AARP. With retirement planning, this can be one vital yet expensive aspect…
On March 6, the Wyoming state legislature wrapped up its annual legislative session. Because it was a budget session, it lasted a quick 20 days, but in that time an inflation adjustment bill passed the state House in part because…
The coronavirus outbreak is wreaking havoc not just on our health care system, but also our economy. Restaurants, bars, coffee shops, hotels, airlines, small businesses, and other groups are sidelining workers, slashing hours, and suspending operations in the wake of…
Welcome to today’s 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. Here…
About one in five Americans lives in rural areas and small towns across the United States, and they face unique economic challenges compared with those living and working in other areas of the country. Many of these communities, for example,…
Today’s post was written by the Connecticut Coalition for Retirement Security’s Alisha Blake. Connecticut has five different pension plans. The three largest plans are the State Employees’ Retirement System (SERS), the Teachers’ Retirement System (TRS), and the Municipal Employees’ Retirement…