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Category: In the News

  • In the NewsApril 16, 2009

    Public Pensions OK

    Pittsburgh Tribune, April 16, 2009 A response to an editorial on defined benefit pension plans discusses the National Institute on Retirement Security report, which indicates that pensions can deliver the same level of retirement income to a group of employees is 46 percent lower level than a defined contribution plan. Read the full response here.

  • In the NewsApril 10, 2009

    Report Cites Value Of Pensions in Boosting City, State Economies

    The Chief-Leader, April 10, 2009 The National Institute on Retirement Security released a report last month that state pension benefits resulted in increased tax revenue and positive economic activity, supporting the labor movement’s opposition to Mayor Bloomberg’s call for pension reform. Read the full article here.

  • In the NewsMarch 15, 2009

    Automatic-IRA Plan Needs More Work

    Investment News, March 15, 2009 “There needs to be some emphasis placed on finding a structure that will make this economically viable because there are opportunities here for providers to grow their businesses substantially,” said Beth Almeida, executive di-rector of the Washington-based National Institute on Retirement Security. The administration may want to consider combining various […]

  • In the NewsMarch 11, 2009

    Put Your 401(k) Back to Work

    Washington Post, March 11, 2009 The economic funk has made virtually everyone anxious about retirement. In fact, 83% of Americans worry that the recession will have a major impact on their retirement plans, according to a recent poll by the National Institute on Retirement Security. Read the full article here.

  • In the NewsMarch 10, 2009

    U.S. Workers Delay Retirement as Recession Drags On

    Epoch Times, March 10, 2009 Faced with a deepening economic recession and smaller nest eggs, more U.S. workers than ever are delaying retirement, recent surveys and reports found. “Even before the global financial crisis, the retirement outlook for Americans was grim,” Beth Almeida, executive director of the National Institute on Retirement Security (NIRS) said in […]

  • In the NewsMarch 1, 2009

    Pensions with Big Feet

    Governing, March 2009 A new study by the National Institute on Retirement Security reports on the economic impact of state and local pension plans. The report, with the catchy name of “Pensionomics,” finds that in 2006 state and local pensions: Had a total economic impact of more than $358 billion. Supported more than 2.5 million […]

  • In the NewsFebruary 27, 2009

    Defined Benefit Plans Act as ‘Stabilizer’ In Tough Economic Times

    BNA Daily Report for Executives, February 27, 2009 Defined benefit pension plans provided by state and local governments act as an “automatic stabilizer” for the economy, according to a report released Feb. 26 by the National Institute on Retirement Security. Defined benefit pensions are automatic stabilizers … providing important stimulus during these tough times,” Beth […]

  • In the NewsFebruary 27, 2009

    Report Calculates Economic Benefits of Pensions

    The Advocate Capital News Bureau,  February 27, 2009 The spending of pension dollars by government retirees supported significant economic growth in Louisiana, according to a report released Thursday by the National Institute on Retirement Security.  Beth Almeida, executive director of the institute, said defined benefit pensions — where the retirement benefit lasts a lifetime — […]

  • In the NewsFebruary 26, 2009

    Study: Iowa Public Pension Plan Supports Thousands of Jobs

    Sioux City Journal, February 26, 2009 DES MOINES — Iowa’s public pension plans support 10,422 jobs and have a “sizable” $1.4 billion economic impact that “ripples” across the state and touches every industry, according to an analysis issued Thursday. The study conducted by NIRS,  a non-profit, non-partisan organization representing employee benefit plans, agencies that manage […]