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Date: June, 2009

  • In the NewsJune 28, 2009

    Louisiana Seeks to Draw Retirees to Settle

    The Advocate, June 28, 2009 Every $1 in pension benefits paid to retirees in Louisiana results in $1.31 worth of economic activity, according to a report by the National Institute on Retirement Security. Read the full piece here.

  • In the NewsJune 24, 2009

    A DB Plan Works Best

    Delta County Independent, June 24, 2009 In a letter to the editor, the author refers to the NIRS Bang for the Buck report, which finds that pensions can fund the same retirement benefit as an individual account at half the cost. Read the full piece here.

  • In the NewsJune 19, 2009

    Don’t Let Economy Threaten Retirement Plans

    East Valley Tribune, June 19, 2009 Worry about retirement seems to be widespread. A January survey by the National Institute on Retirement Security noted that 83 percent of Americans are concerned about their ability to retire. Read the full piece here.

  • In the NewsJune 9, 2009

    How you can stay on track for your retirement

    The Daily News, June 9, 2009 Over the past year, not only have retirement funds dropped in value, but to make matters worse, many people have tapped into their savings to shore up finances. Many employers have stopped making matching contributions. The result is a diminishing confidence in one’s ability to retire someday. Worry about […]

  • In the NewsJune 1, 2009

    Dumping Defined-Benefit Plans Has a Cost, Too

    The Wall Street Journal, June 1, 2009 – The editorial “Golden (State) Opportunity” regarding California’s budget problems is misguided in its suggestion to move the state’s public servants from a defined-benefit pension into individual retirement accounts. Freezing pensions and switching to a system of individual accounts can carry additional costs. The reason is twofold: Accounting […]

  • In the NewsJune 1, 2009

    Jobs That Still Offer Traditional Pensions

    US News & World Report, June 1, 2009 Traditional pensions that pay out guaranteed benefits for life aren’t easy to come by these days. There are some holdout industries that continue to reward employees with pensions benefits — including public service, large private sector employers and very small employers. NIRS tells US News, “If you are […]

  • In the NewsJune 1, 2009

    NIRS Responds to USA Today Editorial

    NIRS submits a response to the July 13th USA Today editorial. The paper is on the receiving end of misinformation regarding pensions and retirement security.  It’s also unfortunate that the editorial pits workers with some hope of retirement against workers most vulnerable – those lacking pensions.  The implication that defined benefit plans no longer exist in the […]