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The National Conference on Public Employee Retirement Systems (NCPERS) released a new report last month showing that public pensions stayed on solid financial footing despite the coronavirus-induced economic downturn. For the report, 138 public retirement systems across the country shared…
Welcome to this month’s final edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories…
Nearly a year after the coronavirus-induced economic crisis began, the U.S. economy still has not recovered to pre-pandemic levels. While the stock market has performed better than expected during the pandemic, too many people still cannot afford their basic needs.…
Welcome to this week’s edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories of…
The beginning of the new year often marks the beginning of several states’ legislative sessions. But what exactly happens during one? We’ve got the answers to this and more in today’s blog. What is a state legislative session? Every single…
As this turbulent year comes to an end, our team wanted to take some time to share what we have been grateful for, and what we want to achieve in the fight for retirement security next year. Below, members of…
Welcome to 2020’s final edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories of…
This year, the holiday season will look a little different due to the coronavirus pandemic. Unfortunately, that hasn’t stopped some from acting like Grinches and spreading misinformation around public pensions and their ability to offer a secure retirement. Below are…
This blog is a re-post of a blog published by Tyler Bond on August 20, 2018. Updated and new information will be indicated with italics. The goal of a retirement savings plan, like a pension, is to replace a certain…
Welcome to December’s first edition of This Week in Pensions! This is the news you need to know in the fight for a secure retirement. Before you dive into our top stories from this week, check out some stories of…
Things are different this holiday season. For our safety and the safety of others, we may forego our usual Thanksgiving gathering. While we’ve had to change what tradition looks like, we have been fortunate enough to rely on our essential…
Too often it is claimed that closing public pension plans and moving all newly hired public employees into defined-contribution plans like a 401(k) or cash balance hybrid plans is needed for state and local governments to address budget shortfalls. However,…