• February 28, 2022
A new national survey finds deep public concern about the K-12 public school workforce. Americans’ Views of Public School Teachers and Personnel in the Wake of COVID-19 finds that eighty-three percent of Americans express concerns about public school staff shortages, while 81 percent are worried about workforce burnout. Conducted by Greenwald Research, this new national […]
• January 6, 2022
This analysis finds that defined benefit (DB) pension plans offer substantial cost advantages over 401(k)-style defined contribution (DC) accounts. A typical pension has a 49 percent cost advantage as compared to a typical DC account, with the cost advantages stemming from longevity risk pooling, higher investment returns, and optimally balanced investment portfolios. A Better Bang […]
• November 18, 2021
A national survey finds strong support for new state-facilitated retirement programs aimed at helping workers without employer-provided plans save for retirement. Americans’ Views of State-Facilitated Retirement Programs finds: The vast majority of Americans (72 percent) agree that state-facilitated retirement programs are a good idea. There is high support across party and generational lines, with support […]
• July 19, 2021
A national survey finds that Millennials and Generation X are more worried about retirement as compared to older generations. Sixty-four percent of Millennials and 54 percent of Generation X are more concerned about their retirement security in the wake of the COVID-19 pandemic. The level of concern is at 42 percent for Baby Boomers and […]
• May 9, 2021
Hybrid retirement plans for state and local employees are not new, but these plan designs have received increased attention in recent years as some jurisdictions have sought to modify workforce retirement benefits. A hybrid is not one particular plan design, but instead is an umbrella term capturing a wide range of different plan designs. Some […]
• March 17, 2021
A new national survey finds that more than three-fourths of Americans agree that all workers, not just those working for state and local government, should have a pension. And even though the nation is deeply divided on many other issues, support for pensions is consistent across party lines. Eighty percent of Democrats, 75 percent of […]
• February 10, 2021
A new report finds that across party lines, Americans are worried about their financial security in retirement. The vast majority of Democrats (70 percent), Independents (70 percent) and Republicans (62 percent) agree that the nation faces a retirement crisis. There also is bi-partisan agreement that the average worker cannot save enough on their own to […]
• December 3, 2020
Economic gains attributable to defined benefit (DB) pensions in the U.S. are substantial. Retiree spending of pension benefits in 2018 generated $1.3 trillion in total economic output, supporting nearly seven million jobs across the nation. Pension spending also added nearly $192 billion to government coffers at the federal, state and local levels. Pensionomics 2021: Measuring […]
• December 2, 2020
This report examines several innovative and often lesser-known pension funding strategies that have been utilized in the public sector to address legacy pension costs and to create more stable costs over time. It comes as the recession sparked by the COVID-19 pandemic has threatened many state and local government budgets, and as concerns mount that […]