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Op-Ed: Don’t let misconceptions about pensions drive decision-making

HeadlineDon’t let misconceptions about pensions drive decision-making
PublicationWashington Post
Article Date: June 23, 2017

Subjective Commentary by RESDC Executive Director Mark Nanzer:
Here is a nice, concise response to a June 19th editorial on a new Pennsylvania law on pensions. It points out the lack of understanding of the portability of state pension plans driving decision-making processes. Read Op-Ed…

Public Pensions Provide a Secure Retirement

HeadlinePublic Pensions Provide a Secure Retirement
PublicationHuffington Post
Article Date: June 29, 2017

“For a decade now since the Great Recession, special interests have waged a false-information campaign against public pensions. While not all of the motives are clear, one thing is certain: if the over $3.8 trillion in assets managed by state and local pension funds were converted into individual 401(k)-style accounts, someone on Wall Street would stand to reap enormous financial benefit. In California alone, CalPERS, the 7th largest pension fund in the world, manages $295 billion in assets.” Read article…

Lawmakers should support plan to give Americans retirement security

Headline: Commentary: Lawmakers should support plan to give Americans retirement security
PublicationSan Diego Union-Tribune
Article Date: June 23, 2017

The San Diego Union-Tribune recently published this commentary concerning the need to increase retirement security, including through programs such as California’s proposed Secure Choice legislation. RESDC President John McTighe co-authored this commentary with Jim Baross, President of the City of San Diego Retired Employees’ Association. This is a product of your RESDC representatives working with other local public employee retirement organizations advocating for retirement security. Read commentary…

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