Press Release • December 3, 2023
A new report from the National Institute on Retirement Security tracks the experience of five states that shifted new employees away from defined benefit (DB) pensions to defined contribution (DC) or cash balance plans. Among states that switched to a DC plan, costs rose, negative cash flow grew, and employee turnover increased.
Press Release • September 28, 2023
FOR IMMEDIATE RELEASE New National Institute on Retirement Security Analysis Finds Average Amount of Student Loan Debt held by Gen Xers Is $40,000 Persistence of Student Loan Debt May be Hindering Generation X’s Retirement Savings WASHINGTON, D.C., September 28, 2023 – A new analysis from the National Institute on Retirement Security (NIRS) finds 13 percent […]
Press Release • September 12, 2023
FOR IMMEDIATE RELEASE New Report Finds Public Pensions Play a Critical Role in Delivering Retirement Security for Older Americans While Reducing Wealth Inequality by Race and Gender Report Supplemented by 51 Fact Sheets Detailing Pension Equity Impacts in States and Washington, D.C. WASHINGTON, D.C., and BERKELEY, CA, September 13, 2023 – A new report finds […]
Press Release • July 12, 2023
New Report Finds Alarming Retirement Outlook for Generation X National Institute on Retirement Security Analysis Indicates Bottom Half of Generation X Earners Have Almost Nothing Saved for Retirement WASHINGTON, D.C., July 12, 2023 – A new report from the National Institute on Retirement Security (NIRS) finds a dismal retirement outlook for Generation X, the first […]
Press Release • April 27, 2023
National Institute on Retirement Security Delivers Report on Impacts of Retirement Plan Design on Teacher Retention to Alaska Department of Education WASHINGTON, D.C., April 27, 2023 – The National Institute on Retirement Security (NIRS) has delivered a new report to the Alaska Department of Education on the impacts of various retirement benefit offerings on the […]
Press Release • February 21, 2023
MEDIA ADVISORY National Institute on Retirement Security Hosts 14th Annual Retirement Policy Conference in Washington, D.C. U.S. Department of Labor Assistant Secretary Lisa Gomez to Deliver Remarks February 21, 2023, Washington, D.C. – The National Institute on Retirement Security (NIRS) will hold its 14th Annual Retirement Policy Conference on Tuesday, February 28, 2023, in Washington, […]
Press Release • January 4, 2023
Pension Spending During Pandemic Supported $1.3 Trillion In Output, 6.8 Million Jobs, $157.7 Billion in Tax Revenue Across the U.S. Economy Real Estate, Food Services, Health Care, and Retail Sectors Realized Biggest Employment Impacts Webinar on January 11 at 2 PM ET to Review Findings WASHINGTON, D.C., January 4, 2023 – Economic gains attributable to […]
Press Release • December 21, 2022
National Institute on Retirement Security Applauds SECURE 2.0 Legislation Retirement Provisions Are a Step in Right Direction, But More Work Needed to Prioritize Low- and Middle-Income Workers WASHINGTON, D.C., December 22, 2022 – SECURE 2.0 legislation that is expected to pass this week as part of the 2023 omnibus appropriations bill is a clear sign […]
Press Release • December 8, 2022
New Research Finds Pension Plans Alone Often Don’t Provide Retirement Income Adequacy for State and Local Government Employees The National Institute on Retirement Security and Aon to Host Webinar on December 15th to Review Report Findings WASHINGTON, D.C., December 8, 2022 – A first-of-a-kind analysis finds that retirement is growing more challenging for public sector […]