Defined Benefit

The official blog of the National Public Pension Coalition

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  • This Week in Pensions: March 17, 2017

    Happy St. Patrick’s Day and welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you…

  • Are Working Families Prepared for Retirement?
    retirement age public pensions

    It’s no secret that there is a retirement savings crisis in the United States. Financial planners frequently warn that Americans are not saving enough for retirement. Stagnating wages and the gradual disappearance of pensions in the private sector make it…

  • This Week in Pensions: March 10, 2017

    Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…

  • Attention South Carolina: Closing a Pension is Never a Good Idea

    If you’re a devoted reader of Defined Benefit, then you know there is one way to ensure a pension plan is well-funded: employees and employers alike must make contributions to the plan annually – and in full. State employees like…

  • Secure Choice Retirement Plans: What You Need to Know

    Roughly half of private sector workers do not have access to a retirement plan through their employer. For most of these workers, that means they will have little to retire on, except for Social Security. A half-dozen states have taken…

  • Defined Benefit Pensions and Racial Equity in Retirement

    A report released today finds that three-fourths of Americans- both Democrats and Republicans- are concerned about their ability to retire securely. Unfortunately, this lack of retirement preparedness affects some communities more profoundly than others. Black households earn significantly less income…

  • This Week in Pensions: February 24, 2017

    Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…

  • Three States That Abandoned Their Pensions – And Suffered The Consequences

    What happens when a state abandons its defined benefit pension for a riskier, 401(K)-style plan? Taxpayers lose – According to the National Institute on Retirement Security, “for a given level of retirement income, a typical 401(k) plan costs 91% more…

  • How Much is a Presidential Pension?

    Just like most legislators, former presidents receive a lifetime pension for their service. How much is that pension and what other perks do former presidents enjoy? Read on to find out! Pensions for former presidents were established by the Former…

  • This Week in Pensions: February 17, 2017

    Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…

  • President Trump and Your Retirement: What We Know So Far
    Trump federal pensions

    Donald Trump has been president for a few weeks now. During the campaign, we speculated on what his presidency might mean for your retirement. Now that he is actually in office, we are beginning to see the signs of his…

  • This Week in Pensions: February 10, 2017

    Welcome to the latest edition of This Week in Pensions! As we do most weeks, we have gathered the top stories about pensions and retirement security from the previous week. This is the news you need to know in the…