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Headline: New Ruling Sheds Some Light on Pension Reform’s Future, But Big Questions Remain
Publication: Voice of San Diego
Article Date: Mar 25, 2019

“On Monday, the Court of Appeal declined to invalidate Proposition B, the city’s legally dubious 2012 pension reform measure, but it confirmed employees must be compensated for lost benefits. It’s not yet clear how much that will cost.” Read article…

Headline: Retirement In America Is Too Expensive, But It Doesn’t Have To Be
Publication: Forbes
Article Date: Feb 13, 2019

“Because the U.S. private sector largely has shifted away from pensions to do-it-yourself 401(k) accounts, the only way Americans can hope to save enough money to maintain their standard of living in retirement is to diligently and consistently save throughout their entire career. But setting aside money from the first day of work until the last day is difficult for the 78% of Americans who live paycheck to paycheck.” Read article…

Headline: Americans Favor Pensions Over 401k Plans?
Publication: 401k Specialist Magazine 
Article Date: Feb 26, 2019

“New research from the National Institute on Retirement Security finds Americans–regardless of political affiliation–believe retirement crisis is real, they want state-sponsored retirement plans and blame Washington for dropping the ball.” Read article…

Headline: Study Quantifies How Much DB Plans Benefit the Economy
Publication: Plan Sponsor
Article Date: Jan 10, 2019

“According to a report from the National Institute of Retirement Security, Retirees with DB pensions know they are receiving a steady check despite economic conditions. In contrast, retirees may be reluctant to spend out of their 401(k)-type accounts if their savings are negatively impacted by market downturns. It also reports that each dollar paid out in pension benefits supported $2.13 in total economic output nationally.” Read article…