This Week in Pensions: July 8th, 2016
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…
retirement security
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This Week in Pensions: July 8th, 2016 -
How Are Pension Benefits Calculated? 
How Are Pension Benefits Calculated?
Defined benefit pensions are the most secure and reliable way to provide retirement security for working families. The key feature of pensions is that they pay a guaranteed monthly benefit for life. This provides retirees with unparalleled retirement security and…
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Make Retirement Security a Priority Make Retirement Security a Priority
Last week NPPC’s Executive Director, Bailey Childers, submitted testimony to the Democratic National Committee’s Platform Committee encouraging them to include retirement security as part of the 2016 platform. So far this year, the presidential candidates have said little about retirement…
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Real Pensions, Real People Real Pensions, Real People
Teachers. Firefighters. Police officers. Behind every pension is a public servant who has dedicated their career to keeping our communities safe and prosperous. Popular rhetoric around public pensions often distracts from the true issue at hand; these aren’t numbers, these…
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Pensions Keep People Out of Poverty 
Pensions Keep People Out of Poverty
A couple weeks ago, the New York Times ran an excellent article on women and retirement. The article discusses the unique challenges facing women in preparing for retirement. It also highlights that women who work in fields where defined benefit…
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This Week in Pensions: June 3, 2016 This Week in Pensions: June 3, 2016
Welcome to the latest edition of This Week in Pensions! As we do each week, we have gathered the best stories about pensions and retirement security from the week’s news. This is the news you need to know in the…
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Student Loan Debt and Retirement: Part 2 Student Loan Debt and Retirement: Part 2
Back in March, we wrote about how high levels of student loan debt are decreasing retirement security for many Americans. A report from the Center for Retirement Research at Boston College had found that current levels of student loan debt…
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401(k)s are failing most American workers 401(k)s are failing most American workers
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…
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Cities Are Sticking With Pensions Cities Are Sticking With Pensions
As we explained last week, 2016 has been a good year so far for pensions in state legislatures across the country. However, states aren’t the only ones choosing to protect their workers’ retirement security by protecting pensions. Cities are also…
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Early Retirement May Be Unavoidable Early Retirement May Be Unavoidable
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,…
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Do It Yourself Retirement 
Do It Yourself Retirement
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…
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National Teacher Appreciation Day National Teacher Appreciation Day
Today is National Teacher Appreciation Day. Here at NPPC we appreciate teachers everyday and the valuable contributions they make to our communities. However, today, let’s take a look at how teachers benefit from the security of a defined benefit pension.…
