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Study Quantifies How Much DB Plans Benefit the Economy

HeadlineStudy Quantifies How Much DB Plans Benefit the Economy
PublicationPlan 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…

Reviewing the Basics of Public Pensions

HeadlineReviewing the Basics of Public Pensions
PublicationNational 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…

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