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Workers Tap Retirement Savings as a Last Resort
Headline: Workers Tap Retirement Savings as a Last Resort
Publication: The New York Times
Article Date: December 17, 2020
At least two million workers have turned to their workplace retirement plans for cash under temporary rules created during the pandemic. But so far, most people have left their accounts alone. Read More…
Three Reasons Why It’s Difficult To Save For Retirement
Headline: Three Reasons Why It’s Difficult To Save For Retirement
Publication: National Public Pension Coalition
Article Date: November 12, 2020
Did you know that, according to the National Institute on Retirement Security (NIRS), 57 percent of workers have nothing at all saved for retirement? It’s troubling that a majority of Americans are caught in a retirement savings crisis. Here are three reasons why many face difficulty in saving for retirement. Read More…
Public Employee Stories
Headline: Public Employee Stories
Publication: National Public Pension Coalition
Article Date: December 15, 2020
During the pandemic, public employees across the nation have given back to their communities in extraordinary ways. From donating to food banks to helping their neighbors and protecting their communities, public employees have been on the front lines. Read More…
4 Public Pension Funding Strategies Besides Employer Contributions
Headline: 4 Public Pension Funding Strategies Besides Employer Contributions
Publication: Chief Investment Officer
Article Date: December 10, 2020
Plan sponsors typically use the annual required contribution (ARC) or the actuarially determined employer contribution (ADEC) to meet public pension liabilities. But a number of states have found success experimenting with lesser-known methods. Read More…
COVID-19’s Impact On Public Employment
Headline: COVID-19’s Impact On Public Employment
Publication: National Public Pension Coalition
Article Date: December 12, 2020
The coronavirus-induced economic crisis has devastated many parts of our economy this year, including state and local governments’ budgets that provide essential services like public safety, education, and nursing. Read More…