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This week kicks off the holiday season. Many people will be traveling all over the country to spend Thanksgiving with family and friends. With the election not that far in the rearview mirror, politics are likely to come up in…
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,…
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…
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…
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…
This week is National Retirement Security Week! Proclaimed by an official declaration from Congress, 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 salesmen of…
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…
Public employees of all stripes earn defined benefit pensions through their service to their communities. We frequently discuss teachers and firefighters, nurses and librarians, sanitation workers and police officers. Another group of public employees who earn defined benefit pensions are…
We’ve discussed many times on this blog how the shift from defined benefit pensions to 401(k)-style defined contribution plans has decimated retirement security for a generation of working families. The true depths of the retirement savings crisis are quite alarming.…
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…
Today NPPC released a new report titled Oregon PERS Must Be Protected. The report considers the history of the Oregon Public Employees Retirement System (PERS) and the changes that have previously been made to it. The report then examines the…