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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…
The Public Sector Retirement Systems project, a division of the Pew Charitable Trusts, is a well-known source of information on a variety of topics from religion in public life to the health of the oceans. In one particular area though,…
We’ve mentioned cash balance pension plans a few times on this blog. Pew’s Public Sector Retirement Systems project and the Arnold Foundation have been actively pushing cash balance plans in Kansas, Kentucky, Alabama, and Virginia. They tout cash balance plans…
Today is the New Hampshire presidential primary. As in Iowa last week, presidential candidates of both parties have been canvassing the state hoping to win votes at the ballot box. Also like Iowa, New Hampshire public employees earn a defined…
[rwd imageid=’768′ small=’0′ medium=’600′ large=’1000′ src=’http://protectpensions.org/files/2016/02/Alabama-Pensions.png’ alt=“Alabama State Pensions”] Alabama has strong public pensions. The Retirement Systems of Alabama manages assets of over $37 billion and annually pay out close to $3 million in benefits. RSA earns strong returns on…
Today we continue shining a spotlight on anti-pension politicians and activists by turning to the story of John Arnold. Arnold got his start at Enron, where he left with an $8 million golden parachute as the company collapsed, wiping out…