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For Workers Without Retirement Savings, State-Run I.R.A.s Can Pay Off
Headline: For Workers Without Retirement Savings, State-Run I.R.A.s Can Pay Off
Publication: New York Times
Article Date: Apr 20, 2018
“A new breed of state-based savings accounts can help workers prepare for retirement, in part by allowing them to push back the time when they file for Social Security payments, a new analysis suggests.” Read article…
Public Servants Are Losing Their Foothold in the Middle Class
Headline: Public Servants Are Losing Their Foothold in the Middle Class
Publication: New York Times
Article Date: Apr 22, 2018
In recent years, the ranks of state and local public employees has dwindled, even as the populations they serve have grown. And those who remain are finding themselves financially downgraded. “Whether one views a diminished public sector as vital to economic growth or a threat to health and safety, it is undeniable that it has led to a significant decline in middle-class employment opportunities.” Read article…
Calpers Rejects Plea to Divest From Carmakers Over Emissions
Headline: Calpers Rejects Plea to Divest From Carmakers Over Emissions
Publication: Bloomberg
Article Date: Apr 26, 2018
“The California Public Employees’ Retirement System opposes plans by the Trump administration to relax vehicle emissions standards. But don’t expect Calpers to exert its muscle by dumping shares of car makers.” Read article…
Survey: Pension Benefits Are Critical Factor for Workers – Regardless of Age
Headline: Pension Benefits Are Critical Factor for Workers – Regardless of Age – in Deciding Whether to Accept a Job, Accenture Survey Finds
Publication: Business Wire
Article Date: Apr 19, 2018
“Pension benefits are a major factor for most workers in North America when deciding whether to accept a job, according to results of a recently released survey. The research found that millennial workers are the most interested in pension benefits and also identified a strong but under-served demand for retirement coaching and planning tools through digital channels.” Read article…
Op Ed: America’s public pensions matter
Headline: America’s public pensions matter
Publication: The Hill
Article Date: Apr 25, 2018
Subjective commentary by RESDC Executive Director Mark Nanzer:
Excellent Op-Ed penned by Andrew Collier, communications director for the National Public Pension Coalition. He does a nice job of advocating for a shift in the media’s tendency to focus on “Cadillac Pensioners,” to highlighting what the average person receiving a public pension earns. Read Op-Ed…