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Americans Favor Pensions Over 401k Plans
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…
Hispanic Retirement Outlook Gets Worse
Headline: Hispanic Retirement Outlook Gets Worse
Publication: Center for Retirement Research – Squared Away Blog
Article Date: Jan 24, 2019
“One thing really stood out in a recent study: the deterioration in Hispanics’ retirement prospects since the 2008-2009 recession.” Read article…
Study Quantifies How Much DB Plans Benefit the Economy
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…
“We all gave up wage increases so we could have a better pension. Then they just took it away from us.”
Headline: As a grocery chain is dismantled, investors recover their money. Worker pensions are short millions.
Publication: Washington Post
Article Date: Dec 28, 2018
“As a grocery chain is dismantled, investors recover their money. Worker pensions are short millions.” Read article…
Reviewing the Basics of Public Pensions
Headline: Reviewing the Basics of Public Pensions
Publication: National Public Pension Coalition
Article Date: Jan 9, 2019
“Across the country, new governors and state legislators are being sworn into office this month. Many of these policymakers will cast votes and make decisions regarding public pensions during their time in office. New legislators often enter office with little knowledge about public pensions, why they work, how they are funded, etc. In the spirit of this new year, we thought we would take some time today to review the basics of public pensions.” Read article…