The National Institute on Retirement Security submitted a response to a column published in The Wall Street Journal on February 28, 2024 regarding the Alaska legislature’s proposed plan to create a defined-benefit retirement system for state employees.
NIRS Executive Director Dan Doonan writes that the initial column “ignores the success other states have had managing pensions and the benefits that accrue to their citizens.”
“The Alaska legislature’s decision to close its two statewide DB pension plans for teachers and public employees was a misguided effort to manage the unfunded liability. Not only did the retirement plan change not address the funding shortfall, it created workforce recruitment and retention challenges for public employers.”
New Research Finds Americans Supportive of Pension Benefits for Public Employees
New Research Finds Americans Supportive of Pension Benefits for Public Employees Nationwide Survey by the National Institute on Retirement Security Indicates 86 Percent of Americans Say All Workers, Not Just Public Employees, Should Have a Pension WASHINGTON, D.C., October 29, 2024 – A new research infographic from the National Institute on Retirement Security (NIRS) finds […]
In the Struggle for Public-Sector Workers, Pensions Help
In a new Forbes column, NIRS Executive Director Dan Doonan details how defined benefit pensions play a crucial role in recruiting and retaining public-sector employees, especially for education and public safety positions.
Pensions Are A Vital Workforce Tool For Retaining Public Safety Professionals
In a Forbes column, NIRS Executive Director Dan Doonan writes about role of pensions in recruiting and retaining public safety professionals. He writes that some jobs become increasingly taxing as one ages. Airline pilots and air traffic controllers, for example, are subject to mandatory retirement ages. While not subject to mandatory retirement ages, many police […]
