A new study analyzing the effectiveness of defined benefit (DB) pensions on teacher retention and productivity finds that pensions play a critical role in recruiting and retaining productive teachers.
January 23, 2012 -- As the California legislature examines public employee retirement, NIRS executive director testifies on the costs of pensions. NIRS research finds pensions can deliver the same retirement benefit at half the cost of individual accounts.
For those of us who follow retirement issues, The Wall Street Journal’s excellent reporting on the retirement plight of Americans wasn’t news. We’re now seeing the human impact of a badly broken retirement infrastructure.