Pension Underfunding Burdens Will Fall On Future North Dakota Public Employees
In a new Forbes column, NIRS Executive Director Dan Doonan writes about the impact of North Dakota’s decision to close their main public employee pension plan due to underfunding. While legislators may see closing the plan as a quick fix, examples from other states such as Alaska and Michigan show that the consequences of this change could be dire. The move could lead to increased costs, challenges in recruitment and retention, and reduced retirement security for future North Dakota employees.
Working Americans Struggling to Prepare for Retirement, New NIRS Report Finds
Preparing for retirement remains a major financial challenge for working Americans, according to a new report from the National Institute on Retirement Security.
New Research Finds Social Security Has a Strong Economic Impact
New research from the National Institute on Retirement Security finds that Social Security benefits play a powerful role in supporting the U.S. economy.
