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Late last year, the National Institute on Retirement Security re-released a report on the economic efficiency of defined benefit pensions. This updated report, titled “Still a Better Bang for the Buck”, finds that pensions remain a more efficient and reliable…
Two recent reports- on unrelated subjects- have highlighted the importance of pensions for low-income working families. The Employee Benefits Research Institute released a report last month that focused on the ability of defined contribution plans and defined benefit plans to…
Unfortunately, we know that defined benefit pensions have been declining rapidly in the private sector. And we know that some irresponsible politicians and anti-pension ideologues are trying to gut pensions in the public sector. What we didn’t know until recently…
We’re in the middle of National Save for Retirement Week. As we indicated in Monday’s blog post, this week is often used by Wall Street banks and other financial interests to promote participation in defined contribution 401(k) plans. One of…
This week is National Save for Retirement Week. Established by an act of Congress in 2006, this week is intended to raise awareness and promote participation in employer-sponsored retirement savings plans. We at the National Public Pension Coalition believe every…
In the conversation around public pensions, there are a lot of myths that get repeated over and over again. We’re going to dispel three of the most common myths here. Myth #1: Pensions are Underfunded and Unsustainable Fact: Most public…