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Date: October, 2011

  • Press ReleaseOctober 31, 2011

    New Research: Pensions Help Retain 22,000 Teachers, Save $273 Million Nationally

    The Three Rs of Teacher Pension Plans: Recruitment, Retention, and Retirement finds that pensions play a critical role in school effectiveness and save money by reducing teacher turnover costs. PENSIONS IMPROVE QUALITY OF U.S. PUBLIC EDUCATION SYSTEM, REDUCE TURNOVER COSTS Pensions Help Retain 22,000 Teachers, Save $273 Million Nationally Webinar to review the finding scheduled for […]

  • In the NewsOctober 26, 2011

    U.S. News Quotes NIRS on Protecting Pension Benefits

    October 26, 2011 — U.S. News interviews NIRS director of programs, Ilana Boivie, about the state of funding levels of pensions plans across the country and how you can protect your pension benefit. Read the story here.

  • In the NewsOctober 20, 2011

    New York City’s DB Plans Stronger than 401(k)s

    October 20, 2011 — PLANSPONSOR covers the new NIRS and Pension Trustee Advisors research that New York City’s defined benefit pension plan can deliver the same retirement income at a 40% lower cost than a defined contribution type account. Read the story here.

  • In the NewsOctober 20, 2011

    Reuters: NYC Pension Funds are Cost Effective

    October 20, 2011 — Traditional pension plans are a better bang for New York City’s Buck, reports Reuters, according to the new NIRS report recently released by the NYC Comptroller. The article reports that “defined benefit plans have enormous economic efficiencies over defined contribution plans.” Read the story here.

  • In the NewsOctober 20, 2011

    DBs Cost Effective for NYC, Reports Pensions & Investments

    October 20, 2011 — Traditional pension plans are a better bang for New York City’s Buck, reports Reuters, according to the new NIRS report recently released by the NYC Comptroller. The article reports that “defined benefit plans have enormous economic efficiencies over defined contribution plans.” Read the story here.

  • In the NewsOctober 20, 2011

    New York’s Bang for the Buck in BenefitsPro

    October 20, 2011 — BenefitsPro covers the research conducted by NIRS and Pension Trustee Advisors that show that the $119.6 billion New York City Retirement System’ defined benefit plans can provide retirement income at a much lower cost than defined contributions plans. Read the story here.

  • In the NewsOctober 16, 2011

    Financial Times Cites Decisions, Decisions

    October 16, 2011 — The Financial Times outlines the rise in DC plans as states get creative in dealing with high costs of retirement income, and uses Decisions, Decision: Retirement Plan Choices for Public Employees and Employers to show that public employees overwhelmingly prefer DB plans. Read the story here.

  • In the NewsOctober 2, 2011

    Institutional Investor Profiles New NIRS Report

    October 2, 2011 — When given the choice between a traditional defined benefit pension or a defined contribution savings plan, the vast majority of public employees chose the traditional pension plan, reports Institutional Investor, citing Decisions, Decisions. Read the story here.