• March 6, 2024
Employees’ Retirement System Of Rhode Island: Examination Of Turnover Trends Since Retirement Reforms finds shifting employees in the Employees’ Retirement System of Rhode Island (ERSRI) from defined benefit pensions in 2012 to a hybrid retirement plan is causing demonstrable changes in public employee attrition.
• February 26, 2024
This national opinion research finds 83% of Americans believe all workers should have a pension, 79% say the nation faces a retirement crisis, and they want action now on Social Security.
• November 27, 2023
No Quick Fix: Closing a Public Pension Plan Leads to Unexpected Challenges 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. Additionally, […]
• August 30, 2023
Closing the Gap: The Role of Public Pensions in Reducing Retirement Inequality finds that defined benefit pensions play a critical role in delivering adequate retirement income for older Americans while providing a key buffer against economic hardship for women, Blacks, Latinos, and those without a four-year college degree. The report also finds that the wealth […]
• July 6, 2023
Generation X often is referred to as the forgotten generation, sandwiched between the large and culturally powerful Baby Boomer and Millennial generations. Today, Generation X commands less attention than Boomers and Millennials from both researchers and the media. A groundbreaking new report aimed at correcting this oversight, at least in terms of assessing the retirement […]
• December 21, 2022
Economic gains attributable to private and public sector defined benefit pensions in the U.S. during the COVID-19 pandemic were substantial, according to Pensionomics 2023: Measuring the Economic Impact of Defined Benefit Pension Expenditures. This report calculates the national economic impacts of U.S pension plans, as well as the impact of state and local plans on […]
• May 18, 2022
This report documents how current tax incentives fail to promote adequate retirement security for the middle class. It considers the impact of factors including marginal tax rates, retirement plan participation, and income distribution on retirement saving levels. The Missing Middle: How Tax Incentives For Retirement Savings Leave Middle Class Families Behind also offers potential solutions […]
• 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 […]