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Since the Great Recession in 2008, warnings of an impending pension crisis have been splashed across the business pages of newspapers across the country. Despite these boisterous decrees, America’s public pension funds are stable. We explore the roots behind the…
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…
This week there has been a lot of discussion about the forthcoming Republican tax reform plan. In particular, there has been significant coverage of President Trump’s tweet about 401(k)s and protecting their current tax status. The president’s tweet has prompted…
In many states, the amount given away in subsidies and tax breaks to big corporations exceeds the amount needed to fund public pensions each year. That is the conclusion of a new report from Good Jobs First, a nonpartisan economic…
Kentucky gives away millions of dollars in corporate subsidies and tax loopholes, an amount that far exceeds the annual cost of funding public pensions. That is the conclusion of a new report released yesterday by Good Jobs First, a national…
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…
If you felt the ground shaking last week, there’s a reason why: the Kansas state legislature caused a political earthquake by rejecting Gov. Brownback’s disastrous, failed tax policy. In 2012, the Kansas legislature passed Brownback’s extreme right-wing tax plan, something…
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…
Kansas is home to tornadoes and the Land of Oz. It is home to more cows than people. It is also the site of a massive, failed experiment in tax policy. When Kansas passed large tax cuts several years ago,…
With Tax Day right around the corner, we thought this would be an appropriate time to answer the question: how many tax dollars go to public pensions? As we’ve written before, public pensions receive funds from three sources: employer contributions,…