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Category: Press Release

  • Press ReleaseNovember 24, 2008

    New Research Finds Public Pensions Invest Prudently in Bull and Bear Markets

    November 24, 2008, Washington, D.C. – A new analysis of public pension investment data indicates that public plans exhibit prudent investment behavior – even during volatile market conditions. The results are contained in a new report, “In it for the Long Haul:  The Investment Behavior of Public Pensions,” released today by the National Institute on […]

  • Press ReleaseAugust 14, 2008

    Pensions Can Provide Retirement Income at Half the Cost of Individual Accounts

    August 14, 2008, Washington, D.C. – A new report finds a defined benefit (DB) pension can deliver the same retirement income at 46% lower cost than an individual defined contribution (DC) account. The analysis calculates that DB pension plans: Avoid the problem of “over-saving” by pooling the longevity risks of large numbers of individuals – resulting in a 15% cost […]