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New Brief Finds Benefit Cuts Reduce Retention
Headline: New Brief Finds Benefit Cuts Reduce Retention
Publication: National Public Pension Coalition
Article Date: May 30, 2019
“The Center for Retirement Research at Boston College released a brief entitled, ‘Do Benefit Cuts Encourage Public Employees to Leave?’ Their findings indicate that benefit cuts to current employees cause employees to leave the public sector for private sector employment.” Read article…
Retirement Savings Bills Have Momentum on Capitol Hill
Headline: Retirement Savings Bills Have Momentum on Capitol Hill
Publication: Charles Schwab
Article Date: May 15, 2019
“In a bitterly divided Washington, there are few issues on which Republicans and Democrats can find common ground these days. But one issue that has attracted bipartisan support has the potential to be a big win for individual investors: retirement savings.” Read article…
Opinion: Even 75% of Americans in the best 401(k) plans won’t have enough to retire
Headline: Opinion: Even 75% of Americans in the best 401(k) plans won’t have enough to retire
Publication: Market Watch
Article Date: Apr 18, 2019
“Many Americans don’t save enough for retirement because they just don’t have the money. Others work in small companies that don’t offer 401(k)s, so all in all, only one in three Americans is saving in a company retirement plan, according to the U.S. Census Bureau.” Read article…
Seniors live the California dream with the help of a home and a pension
Headline: Seniors live the California dream with the help of a home and a pension
Publication: Chico Enterprise Record
Article Date: May 14, 2019
“For middle-class seniors who bought their homes decades ago, the California dream remains well within reach.” Read article…
This story is part of the “Graying California: Profiles of Aging in the Golden State” series from the California Dream Project. To view all of the stories, visit https://www.grayingcalifornia.org/index.html.
Feedback Friday: Honoring Pension Commitments
Headline: Feedback Friday: Honoring Pension Commitments
Publication: LA Progressive
Article Date: Apr 18, 2019
Why is the “California Rule” fair? Read this. Find out why. Read article…