Research January 2021

Pensionomics 2021 | Measuring the Economic Impact of DB Pension Expenditures

Economic gains attributable to defined benefit (DB) pensions in the U.S. are substantial. Retiree spending of pension benefits in 2018 generated $1.3 trillion in total economic output, supporting nearly seven million jobs across the nation. Pension spending also added nearly $192 billion to government coffers at the federal, state and local levels. Pensionomics 2021: Measuring […]

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Press Release January 6, 2021

Pension Spending Supports $1.3 Trillion In Output, 6.9 Million Jobs, $192 Billion in Tax Revenue Across U.S. Economy

Pension Spending Supports $1.3 Trillion In Output, 6.9 Million Jobs, $192 Billion in Tax Revenue Across the U.S. Economy Real Estate, Food Services, Health Care, and Retail Sectors Realize Biggest Employment Impacts Webinar on January 14 at 2 PM ET to Review Findings WASHINGTON, D.C., January 6, 2021 – A new report finds that economic […]

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In the News

Retirement has become more frustrating than a Rubik’s Cube

In a new Marketwatch column, NIRS executive director Dan Doonan writes that retirement has become a Rubik’s Cube for most Americans. “So many factors impact how much one is able to save during their working years, and there are even more considerations as one tries to spend down their nest egg so they don’t run […]

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Letters

NIRS Rebuts New York Times on Public Pensions

NIRS says that calling retirement plans serving 25 million working and retired public employees "time bombs" borders on journalistic malpractice.

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