U.S. Public Pensions Adapt to Change, And It’s Paying Off
In a new Forbes column, Dan Doonan writes that about a new report that finds U.S. public pension plan investment strategies have adapted to meet changing market conditions.
Pensions Support a Stable, Experienced Public-Sector Workforce
Public pensions help government employers retain experienced career workers, reducing costly turnover and supporting the reliable delivery of essential public services, according to a report, Workforce Turnover and Retention in the Public Sector: Insights from Public Pension Plans. The research finds that while employee departures are concentrated in the first five years of service, retention is strong among workers who remain beyond that point.