Research March 2023

A Vanishing Benefit: Why Social Security’s Special Minimum Benefit is Fading Away

This research provides an overview of the special minimum benefit, an alternative Social Security formula that was initially passed by Congress in 1972 to set a benefit “floor” and protect workers from experiencing severe poverty in retirement. To be eligible, workers must have a record of 11 years or more of covered employment and must […]

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Press Release April 27, 2023

NIRS Delivers Report on Impacts of Retirement Plan Design on Teacher Retention to Alaska Department of Education

National Institute on Retirement Security Delivers Report on Impacts of Retirement Plan Design on Teacher Retention to Alaska Department of Education WASHINGTON, D.C., April 27, 2023 – The National Institute on Retirement Security (NIRS) has delivered a new report to the Alaska Department of Education on the impacts of various retirement benefit offerings on the […]

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In the News

False alarms distract from real retirement challenges

In a Forbes column, Dan Doonan writes that despite economic challenges, public pension plans in the U.S. have remained resilient. In fact, many plans remain at their highest funded levels in years, even with more conservative investment return assumptions. The strength and resiliency of these retirement plans can be attributed, at least in part, to […]

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Award

Winners Announced of 2022 Innovative Pension Funding Award

The National Institute on Retirement Security and the Conference of Consulting Actuaries have announced 3 winners of a new public pension funding competition and award: Innovative Public Pension Funding Strategies.

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