Defined Benefit

The official blog of the National Public Pension Coalition

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  • What are the legal protections for public pensions?
    California Rule

    Public pension plans are authorized by the municipal or state government that offers the plan to its public employees. This means there is a wide range of variation about the specifics of public pensions from state to state. With thousands…

  • This Week in Pensions: May 11, 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…

  • Plan Choice Undermines Retirement Security
    retirement security

    The attacks on public pension plans are constantly changing. Pension critics claim public employees need to be given a choice between defined benefit pension plans and 401(k)-style defined contribution plans. This is an unnecessary and risky choice. Public employees, like…

  • This Week in Pensions: May 4, 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…

  • Pew’s Public Sector Retirement Systems Project Cannot Be Trusted
    Truth About Pew

    Pew Charitable Trusts is a respected institution studying many different aspects of American life. Legislators, civic leaders, and everyday Americans rely on Pew for objective, high-quality data and analysis on various issues. So why is one small division of Pew…

  • Puerto Rico’s Pensions Are Still Threatened
    Puerto Rico public pensions

    Today, thousands of workers and retirees rallied in Puerto Rico to protest ongoing austerity measures, including proposed cuts to public pensions. Puerto Rico’s public pensions have been threatened for years by the long-lasting debt crisis and other calamities to befall…

  • Why Workers Retire When They Do
    when to retire

    Retirement has long been a part of the American dream. Throughout the twentieth century, the belief was that after a lifetime of hard work, workers could retire and enjoy their golden years. When defined benefit pensions were still common in…

  • This Week in Pensions: April 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…

  • Pension cuts harm public employee recruitment
    pension cuts

    The financial crisis and Great Recession had a devastating effect on public pension plans. On average, public pension plans lost about a quarter of the value of their assets due to the crisis. In the years since the recession, almost…

  • Tax Day and Public Pensions: Your Questions Answered
    Tax Day and public pensions

    Today is Tax Day. We thought this would be a good time to re-post a blog post from two years ago that answered the question: how many tax dollars go to public pensions? Taxpayer contributions to public pensions represent a…

  • This Week in Pensions: April 13, 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…

  • Kentucky Must Fix Its Porous Tax Code
    Kentucky pensions

    Today we are resharing a post from September 2017 about a report from Good Jobs First, a national nonpartisan organization that tracks economic development programs. Their report found that Kentucky gives away far more each year through corporate subsidies and…