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Date: August, 2015

  • In the NewsAugust 21, 2015

    Public Pension Shocker: Shutting a Pension Plan Actually Costs Taxpayers Money

    “Amid the nationwide panic over the rising costs of public employee pensions, one proposed solution is nearly universal: States and municipalities should shutter their traditional defined benefit plans and place all new employees in a 401(k)-style defined contribution plan instead. That’s the idea in a proposed California ballot initiative we reported on last week. The measure, […]

  • In the NewsAugust 3, 2015

    Report: Indiana Above Average in Retirement Preparedness

    “Hoosiers are in slightly better shape for retirement than most other people in the country, according to a new report. But that’s not saying much. Only about half of Indiana’s private-sector workers participate in retirement plans, and the average amount saved is too low, according to a study released Thursday by the National Institute on Retirement […]

  • In the NewsAugust 2, 2015

    Living In Low Cost State Could Backfire For Retirees, Warns Think Tank

    “Living in a low-cost state could backfire as a long-term retirement strategy, says a report by the National Institute for Retirement Security. While much of good retirement planning begins decades ahead, a young worker who moves to a low-cost state could end up harming him- or herself later on since wages also tend to be […]

  • Press ReleaseAugust 1, 2015

    Research Examines Retirement Risk, Role of Annuities

    NEW RESEARCH BRIEF EXAMINES RETIREMENT SECURITY RISKS IN PUBLIC RETIREMENT PLANS, ROLE ANNUITIES CAN PLAY Public Pensions Manage Risks with Varied and Effective Strategies Annuities Provide Lifelong Income to Retirees But Transferring Longevity Risk to Insurance Companies Has High Cost with Fewer Consumer Protections WASHINGTON, D.C., AUGUST 26, 2015 – A new research brief finds […]