There’s A Good Business Case For A Pension Renaissance
In a Forbes column, NIRS Executive Director Dan Doonan writes that the battle to bring back pensions for auto workers will have to fight another day. But maybe other companies with frozen pension plans will take a hard look at the evidence about the wisdom of offering pension plans. Certainly, a pension renaissance would benefit not just workers, but employers and the broader economy too.
Statement on Efforts in Alaska to Restore Pension Benefits to Address Grave Workforce Shortage
Alaska’s effort to restore a pension plan for public workers represents meaningful progress in addressing one of the state’s most pressing challenges: attracting and retaining a stable, experienced public workforce. While Governor Dunleavy has vetoed the legislation, the fact that the measure passed both the House and Senate demonstrates a growing recognition that retirement benefits are not just about retirement security — they also are an essential workforce management tool.