Defined Benefit

The official blog of the National Public Pension Coalition

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  • This Week in Pensions: August 17, 2018

    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…

  • More Americans Are Going Bankrupt in Retirement
    Retirement Security Initiative

    The move away from pensions and toward 401(k)s has gutted retirement security for many Americans. Defined contribution plans, like 401(k)s, are risky and unreliable and disproportionately benefit the wealthy. An increasing number of Americans are entering their golden years with…

  • Kentucky’s Cash Balance Plan Fails Teachers
    Kentucky pensions

    We’ve written many times about the rushed and potentially unconstitutional process Kentucky legislators used to pass SB 151, the stinking anti-pension bill. While the battle is still playing out in the courts over whether the bill was passed constitutionally, we…

  • This Week in Pensions: August 10, 2018

    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…

  • How Women Miss Out on Retirement Savings

    Women are more likely than men to be in poverty during retirement. There are multiple causes for this. Women live longer than men, so they simply have more years of retirement to finance. Also, women typically have less in retirement…

  • Retirement Savings Obstacles for Millennial Black Women
    retirement savings

    Last week we wrote about the challenges facing black women in saving for retirement, but how many black women benefit from public pensions and the security they provide. Retirement insecurity is a problem for black women of all ages, but…

  • This Week in Pensions: August 3, 2018

    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…

  • Pensions Help Black Women Achieve a Secure Retirement
    pensions

    August 7, 2018 is Black Women’s Equal Pay Day. This is the day in the year when black women finally catch up and earn as much as white men earned in the previous year. Since black women only earn 63…

  • State-Specific Resources to Protect Pensions
    protect pensions

    The fight to protect pensions is a national one, but the battles are fought state by state. NPPC works with state partners across the country to protect pensions from attacks by John Arnold, Pew, and their allies. Today we want…

  • The “Pension Crisis” is a Myth, Part Nine
    public pensions

    Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the…

  • The Wrong Way to Preserve Public Pensions
    public pensions

    Last week we wrote about Minnesota and the collaborative process that led to the unanimous passage of pension legislation that will shore up the pension systems there. Minnesota showed the right way to do things: bring everyone to the table…

  • This Week in Pensions: July 20, 2018

    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…