News Now

Headline: New Analysis Suggests Public Pension Cuts Hurt State and Local Governments’ Ability to Recruit Workers
Publication: PR Newswire
Article Date: Apr 11, 2018

“A new research brief that explores the impacts of public pension reform from 2005 to 2014 suggests that cuts to pension benefits have reduced the ability of public sector employers to compete with private sector employers for workers.” Read article…

Headline: Guns and gas investments prompt CalPERS bid by police union leader
Publication: Sacramento Bee
Article Date: Mar 28, 2018

“A series of calls demanding that California public pension funds pull their money out of divisive industries such as guns and fossil fuels is stirring opposition that could lead to a contentious election for seats on the CalPERS Board of Administration this year.” Read article…

Headline: The death of retirement is looming – and the fallout will be disastrous
Publication: The Guardian
Article Date: Mar 16, 2018

This opinion piece illustrates how the massive shift from defined benefits plans to defined contribution plans in the U.K. will lead to more elderly poverty, people continuing to work into their later years, and a younger generation that must either leave for better prospects or challenge the changes to retirement benefits. Read article…