The Retirement Savings Crisis: Is It Worse Than We Think?
The study broadly examines how American households are faring in relation to retirement savings targets recommended by some financial services firms.
Pensions and Retirement Security 2013: A Roadmap for Policy Makers
This nationwide public opinion poll measures how Americans feel about their financial security in retirement and assesses their views on policies that could improve their retirement outlook.
How Do Public Pensions Invest? A Primer
This primer provides a comprehensive overview of the public pension investment process, or how pension systems allocate assets and set expected rates of return.
On the Right Track? Public Pension Reforms in the Wake of the Financial Crisis
This report examines key factors that have contributed to private and public employers’ pension decisions. It finds that closing a pension can cost substantially more than adjusting an existing plan.
The Great Recession: Pressure on Public Pensions, Employment Relations and Reforms
This report examines the workforce impacts of switching from a DB plan to a DC plan. Public employers would attract a different labor force, there would be an increase in employee turnover, and employers will incur higher costs.
Federal Employees’ Retirement System and the Thrift Savings Plan: Creating a Combined Approach to Retirement Security
A new issue brief provides a historical overview of the Federal Employees’ Retirement System and the Thrift Savings Plan and how they create a combined approach to achieving retirement security.
The Pension Factor 2012: The Role of Defined Benefit Pensions in Reducing Elder Economic Hardships
This report calculates the impact of pensions for reducing the risk of elder American poverty and hardship, particularly for households headed by women and racial/ethnic minority groups.
Pensionomics 2012: Measuring the Economic Impact of DB Pension Expenditures
This report provides the national economic impacts of public and private pension plans, as well as the impact of state and local plans on a state-by-state basis.
The Three Rs of Teacher Pension Plans: Recruitment, Retention, and Retirement
This report analyzes the effectiveness of defined benefit (DB) pensions on teacher retention and productivity finds that pensions play a critical role in recruiting and retaining productive teachers.
A Better Bang for New York City’s Buck
This report finds that New York City’s defined benefit pension plans can deliver the same retirement income at nearly 40% lower cost than defined contribution 401(k)-type individual accounts.
Decisions, Decisions: Retirement Plan Choices for Public Employees and Employers
This study analyzes seven state retirement systems that offer a choice between DB and DC plans to find that workers strongly prefer DB plans over DC plans.
Lessons from Well-Funded Public Pensions: An Analysis of Six Plans that Weathered the Financial Storm
This report examines selected statewide public pension plans to identify common elements that led these plans to remain well-funded despite two severe economic downturns.
Who Killed the Private Sector DB Plan?
This report examines why DB pension plan coverage has declined for private sector workers. It finds that funding volatility is the primary culprit, not pension costs.
Pensions and Retirement Security 2011: A Roadmap for Policy Makers
This nationwide public opinion poll measures how Americans feel about their financial security in retirement and assesses their views on policies that could improve their retirement outlook.
Out of Balance? Comparing Public and Private Sector Compensation over 20 Years
This report examines the compensation gap between employees of state & local governments and comparable private sector employees. Analysis spanning two decades shows the pay gap has widened in recent years.