Public pensions buoy economies of small towns, rural communities
BenefitsPro reports: “Don’t mess with public pensions. Unless, that is, you want small towns and rural communities to suffer. That could be one way to interpret some of the findings of a report from the National Institute on Retirement Security. The report reveals that not only do such communities experience an outsized benefit from those pensions, […]
Public Pension Benefit Spending Provides Substantial Economic Impact on Rural Communities And Small Towns
Public Pension Benefit Spending Provides Substantial Economic Impact on Rural Communities And Small Towns Across U.S. New Report Released Today at NIRS Annual Retirement Policy Conference Details Impact Across 19 States Live Webcast of Conference Today Starting at 9:15 AM ET Webinar on March 12th to Review Findings WASHINGTON, D.C., March 3, 2020 – […]
NATIONAL INSTITUTE ON RETIREMENT SECURITY HOSTS 11thth ANNUAL RETIREMENT POLICY CONFERENCE ON MARCH 3rd Event Features Keynote by Alissa Quart, Author of Best-Selling Book, Squeezed: Why Our Families Can’t Afford America New Research To Be Released on Economic Impact of Pensions on Rural and Small Towns Across America Live Webcast Via Facebook February 27, […]
85% of Millennials Working in State & Local Government Plan To Stick with Employer
85% OF MILLENNIALS WORKING IN STATE & LOCAL GOVERNMENT PLAN TO STICK WITH THEIR EMPLOYER, BUT BENEFIT CHANGES COULD PUSH THEM OUT THE DOOR Most Millennials Working in State and Local Government Satisfied with Job Despite Knowing They Could Earn More in the Private Sector Webinar to Review Findings on February 13th at 2 PM […]
Here’s where most Americans are really getting their retirement income
CNBC reports that retirement income is often thought to come from three sources: Social Security, pensions and savings. “That combination is often called a three-legged stool, a metaphor for the money retirees use to support themselves once they are no longer working full time. However, a new report finds that very few retirees actually have […]
Sanders is right: Biden is vulnerable to Trump on Social Security
A Washington Post column says that Bernie Sanders is “a longtime Social Security champion and last year introduced legislation that would increase benefits for lower-income Americans, as well as change the cost-of-living formula to compensate for the higher inflation seniors experience thanks to their disproportionate medical spending.” “It’s tough to overstate how important Social Security […]
Everyone should be worried about Social Security and 401(k) plans — including the presidential candidates
MarketWatch reports that “Democratic candidates have voiced their opinions on climate change, universal health care and the current president for months, but Tuesday marks the seventh and last debate before primary voting begins — and they still haven’t talked much about Americans’ future financial security.” Although their positions may be similar, considering they’re all Democrats, […]
Retirement Security Is On A Treacherous Path, New Report Warns
A Forbes column indicates that retirement security is on a treacherous path for the future with dwindling pensions and proposals to cut Social Security. “The most surefire way to achieve a secure retirement is to have income from a three-legged stool of a defined benefit pension plan, a 401(k) combined with other personal savings and […]
New Report: 40% of Older Americans Rely Solely on Social Security for Retirement Income
Only 7% of Retirees Have Ideal Situation of Income from Three Sources: Social Security, a Pension and Savings Social Security Kept More Than 7.5 Million Households Out of Poverty, Reduced Public Assistance Costs by $10 billion in 2013 Pensions Kept Nearly One Million Retirees Out of Poverty, Reduced Public Assistance Costs by $4 Billion in […]
National Institute on Retirement Security Applauds Passage of Retirement Legislation
Measure is Step Forward in Addressing U.S. Retirement Savings Crisis Despite Political Acrimony, Americans United in Concern About Retirement WASHINGTON, D.C., December 19, 2019 – At a time when working Americans are struggling to save for retirement, the National Institute on Retirement Security (NIRS) commends the U.S. Senate and House of Representatives for bi-partisan passage […]
