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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…
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…
Welcome to the latest edition of This Week in Pensions! Each week we gather the best articles about pensions and retirement security. This is the news you need to know in the fight for a secure retirement. Here are this…
Public pensions have a complicated and increasingly strained relationship with hedge funds. While many pensions have increased their investments in hedge funds and other alternative assets, other pensions are turning away from these funds and looking for less expensive investments.…
By this point in the year, many state legislatures have either already finished their 2016 session or will conclude within the next couple weeks. For working families and retirees, the news has been mostly good so far. Legislatures in several…
Welcome to the latest edition of This Week in Pensions! As we always do, we have gathered the best stories about pensions and retirement security from the previous week. This is the news you need to know. Here are this…
[This post was updated in August 2016 to reflect new developments.] Donald Trump is now the Republican presidential nominee. After his decisive victory in the Indiana Republican primary, his two remaining rivals- Texas Sen. Ted Cruz and Ohio Gov. John…
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,…
Welcome to the latest edition of This Week in Pensions! This is your source for the best news in pensions and retirement security from the previous week. Here are the top stories from the week: Faulty claims underlie legislative call…
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…
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.…
Welcome back to This Week in Pensions! We took a break last week, but we are back with the news you need to know about pensions and retirement security. As always, we’ve gathered the best stories from the previous week…