Skip to Content

Defined Benefit Pensions Are Alive And Well.

May 28, 2024

Money background of glass jar filled with coins and RETIREMENT message

In a Forbes column, NIRS Executive Director Dan Doonan writes that defined benefit pensions are a reliable source of retirement income and remain extremely popular among workers today. Despite claims of their demise, DB pension plans are alive and well, paying benefits to 25 million people, holding $11.8 trillion in plan assets, and more than $600 billion in benefits paid annually to support seniors

Read the column.

Related News

Is America’s Retirement System Failing Future Retirees?
A hand holding a stethoscope listening to a broken piggy bank lying on a pile of coins. Financial health and financial status concept.
  • In the News
  • Generations
  • Is America’s Retirement System Failing Future Retirees?

    In a Forbes column, NIRS Executive Director Dan Doonan writes that as America ages and income inequality deepens, concerns about retirement security are mounting. Some voices, however, indicate that retirement concerns are exaggerated, relying on data indicating that older Baby Boomers have largely fared well in retirement. But new research published in The Journal of Retirement […]

    Sep 15, 2025

    Let’s Let Everyone Save for Retirement
    Social Security Cards for identification and retirement USA zoom motion blur

    Let’s Let Everyone Save for Retirement

    U.S. public policy typically encourages saving. Our retirement system has undergone a major transformation over the past four decades, shifting workers to an individual savings-based system. Public policy supports saving for college costs, health costs, and emergencies, so it seems odd when a specific group of Americans is denied the ability to save, but that […]

    Jun 9, 2025

    National Institute on Retirement Security to Hold Retirement Policy Conference in Washington, D.C.
    American Politics and Government in Crisis

    National Institute on Retirement Security to Hold Retirement Policy Conference in Washington, D.C.

    MEDIA ADVISORY National Institute on Retirement Security to Hold Retirement Policy Conference on March 3 – 4  in Washington, D.C. February 20, 2025, Washington, D.C. – The National Institute on Retirement Security (NIRS) will hold its 16th Annual Retirement Policy Conference, Choices, Challenges, and Opportunities | Strengthening Our Retirement Infrastructure, in Washington, D.C. At the […]

    Feb 20, 2025