Letters to the Editor • June 30, 2017
The author of the recent opinion piece, The Slow Road to State Pension Reform, seemingly misunderstands that when properly funded, pensions are a cost-efficient means for providing retirement security to middle class Americans. State legislatures in nearly all states maintained defined benefit pensions as they reformed state-wide retirement systems during the past seven years to […]
In the News • June 21, 2017
Bank Investment Consultant reports on the new NIRS research, stating that when left unaddressed, the gap in retirement savings could lead to a diminished quality of life for many older Americans and create severe pressure on social services and the social safety net. Read the article here.
Letters to the Editor • June 20, 2017
The Washington Post covers the economic insecurity of working Americans, which will grow as workers retire and pensions disappear. It’s simply wrong to describe taking away pensions from middle class Americans is a “smart step.” Reforms in virtually all state-wide public pension plans has occurred during the past seven years to ensure long-term sustainability. As […]
Press Release • June 18, 2017
A new issue brief finds that the Pension Protection Act of 2006 (PPA) has had the unintended consequence of worsening the nation’s retirement crisis.