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Retiree Social Security checks to rise modestly amid push to expand benefits
Headline: Retiree checks to rise modestly amid push to expand benefits
Publication: San Diego Union-Tribune
Article Date: Oct 10, 2019
“Millions of retirees will get a modest 1.6% cost-of-living increase from Social Security in 2020, an uptick with potential political consequences in an election year when Democrats are pushing more generous inflation protection.” Read article…
Commentary: A note on public pension plans discount rate
Headline: Commentary: A note on the discount rate
Publication: Pensions & Investments
Article Date: Oct 1, 2019
“The author weighs in on one of the most heated debates about the already white-hot issue of public pension plan accounting is exactly what discount rate to use in measuring assets and liabilities and, therefore, the amount of unfunded liability. Plausible arguments can be made for both approaches currently used.” Read commentary…
Opinion: Pensions are good for CT
Headline: Opinion: Pensions are good for CT
Publication: Stamford Advocate
Article Date: Sep 26, 2019
Op-ed from a Connecticut state employee explaining that benefits are earned, reasonable, economically beneficial, and vital to the secure retirement of public workers. Read article…
U.S. Drops Further in Retirement Security Index
Headline: U.S. Drops Further in Retirement Security Index
Publication: 401k Specialist
Article Date: Sep 20, 2019
“The United States barely makes the top 20 in the latest retirement security rankings among developed countries, falling two spots to No. 18 in the latest Global Retirement Index, released Sept. 19 by Boston-based Natixis Investment Managers.” Read article…
Public Employees Being Asked to Bear More Pension Burden, Risks
Headline: Public Employees Being Asked to Bear More Pension Burden, Risks
Publication: Chief Investment Officer
Article Date: Sep 12, 2019
“The burden and risk of state pension plans are increasingly being shouldered by employees, according to the National Association of State Retirement Administrators (NASRA), which reported that more than 70% of US states raised rates for employee contributions in the past 10 years.” Read article…