Back to Newsroom

Date: August, 2008

  • In the NewsAugust 14, 2008

    DB Plans Cost Less Than DC Plans Costly to Employers

    PlanSponsor, August 14, 2008 The economic efficiencies inherent in a defined benefit retirement plan makes it a less costly benefit for employers to provide than a defined contribution retirement plan reports PlanSponsor. So said Beth Almeida, Executive Director of the National Institute on Retirement Security (NIRS), as she concluded an overview of the findings in a new report, […]

  • In the NewsAugust 4, 2008

    When (401)k Investing Goes Bad

    The Wall Street Journal, August 4, 2008 Reporter Jennifer Levitz profiles the West Virginia’s switch back to the traditional pension system. According to the article, West Virginia school employees shifted from a pension plan that guaranteed a monthly check, to a retirement-savings plan that would make the teachers, bus drivers, custodians and other staff responsible for their own investment […]

  • In the NewsAugust 3, 2008

    US Lawmakers Discuss Retirement Poverty

    Financial Times, August 3, 2008 In an article following a Congressional hearing on pensions, the Financial Times reports that lawmakers are interested in efforts to revitalize pensions plans amid worries that Americans are not saving enough for retirement. The paper also reports that lawmakers and the experts they interviewed at the hearing said those closures could undermine the economy. […]

  • In the NewsAugust 1, 2008

    Public Pension Prowess

    Governing, August 2008 Reporter Penelope Lemov reports that some state pension plans are doing so well that the private sector could use their advice. The article explains that states are interested in having its private citizens, as well as its public employees, financially prepared for retirement. Those who aren’t prepared are likely to be dependent on the state for assistance. NIRS […]