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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…
The Retirement Crisis: Worse Than You Think
Headline: The Retirement Crisis: Worse Than You Think
Publication: Investing Daily
Article Date: Jun 5, 2019
“Millions of destitute seniors with no savings, reduced to eating cat food? Let’s put it this way: America faces a full-blown retirement crisis.” Read article…