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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…

Headline: New Study Analyzes Teacher Pension Plans in Six States
Publication: The National Institute on Retirement Security
Article Date: Jan 8, 2019

“A new report finds that teacher pension plans play a critical role in retaining educators while also providing greater retirement security than 401(k)-style retirement accounts. Eight out of ten educators serving in the six states studied can expect to collect pension benefits that are greater in value than what they could receive under an idealized 401(k)-type plan.” Read article…

Headline: Reform of controversial pension program approved by L.A. City Council
Publication: Los Angeles Times
Article Date: Jan 15, 2018

“The Los Angeles City Council voted Tuesday to reform the Deferred Retirement Option Plan, which pays city cops and firefighters their salaries and early pension payments for the last five years of their careers.” Read article…

Headline: Same Old Story in West Haven
Publication: National Public Pension Coalition
Article Date: Dec 12, 2018

Ten years after West Haven, Connecticut switched their police department from a pension plan to 401(k)s, a shortage of qualified officers is causing the department to lobby for a switch back to the pension plan. This follows a similar pattern to many other places from Palm Beach, Florida all the way to Alaska. Read article…