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America’s Real Economy: It Isn’t Booming
Headline: America’s Real Economy: It Isn’t Booming
Publication: Forbes
Article Date: Aug 22, 2018
“All the official indicators say the economy is back in boom times, with a bull market, low unemployment and steady job growth. But there is an alternative set of data that depicts a different America, where the overlooked majority struggles from month to month.” Read article…
RESDC Supports Legislation Preserving Access to Affordable Drugs
RESDC recently sent local state legislators letters supporting passage of a first-of-its-kind state legislation to prevent “pay-for-delay” pharmaceutical company pricing practices. The California bill seeks to prevent drug manufacturers offering patent settlements to pay generic companies to delay the introduction of lower-price medication to the market. The bill, AB 824, curbs this practice that reduces competition and arbitrarily keeps life-saving medications more expensive. View legislative information about Assembly Bill 824.
Defined Benefit Pensions Continue to Provide Retirement Security
Headline: Defined Benefit Pensions Continue to Provide Retirement Security
Publication: National Public Pension Coalition
Article Date: Jun 12, 2019
“Defined contribution plans are a poor substitute for defined benefit pension plans and as the private sector has shifted from pensions to 401(k)s, working families have fallen behind.” Read article…
California, feds want to narrow retirement gap. They can’t agree on how
Headline: California, feds want to narrow retirement gap. They can’t agree on how
Publication: San Francisco Chronicle
Article Date: Jun 8, 2019
“Everyone agrees that something should be done to help the roughly half of U.S. private-sector employees who have no access to a retirement plan at work. After a number of Democratic-leaning states took matters into their own hands, Congress is getting close to a national alternative. But there’s a big difference in the two approaches.” Read article…
A 4-Step Checklist for People About to Retire
Headline: A 4-Step Checklist for People About to Retire
Publication: The Motley Fool
Article Date: Jun 3, 2019
“Are you getting ready to leave the working world for good? Before you walk out the door for the last time, it’s important to get a few financial priorities completed so you can live out your golden years with the minimum of money worries — and so you can actually enjoy your years of retirement.” Read article…