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Pensionomics 2021 | Measuring the Economic Impact of DB Pension Expenditures

Posted:  January 9, 2021

Headline: Pensiionomics 2021:  Measuring the Economic Impact of DB Pension Expenditures
Publication: National Institute on Retirement Security
Article Date:  January  2021

Economic gains attributable to defined benefit (DB) pensions in the U.S. are substantial. Read More…

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Message from MEA Attorney Ann Smith: Prop B Pension Changes Finally Invalidated After 9-Year Legal Battle!

Posted:  January 9, 2021

Headline: Message from MEA Attorney Ann Smith: Prop B Pension Changes Finall Invalidated After 9-Year Legal Battle!
Publication: MEA
Article Date:  January 7, 2021

It has finally happened . . . on Tuesday afternoon, January 5th, after a one-day (virtual) bench trial – with 100 pages of briefing having been filed in advance — the Honorable Richard E. L. Strauss of the San Diego County Superior Court spoke from the bench that he agreed with our legal analysis requiring the invalidation of the City’s Proposition B charter amendments and he made this result his ruling! Read More…

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Proposition B Declared Invalid By San Diego Trial Court

Posted:  January 9, 2021

Headline: Proposition B Declared Invalid by San Diego Trial Court
Publication: SDCERS
Article Date:  January 6, 2021

Proposition B was the San Diego ballot initiative that went into effect July 20, 2012 and amended the City Charter to close the City’s pension system to all new hires except for City police officers.  Read More…

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Workers Tap Retirement Savings as a Last Resort

Headline: Workers Tap Retirement Savings as a Last Resort 
Publication: The New York Times
Article Date: December 17, 2020

At least two million workers have turned to their workplace retirement plans for cash under temporary rules created during the pandemic. But so far, most people have left their accounts alone. Read More…

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Three Reasons Why It’s Difficult To Save For Retirement

Headline: Three Reasons Why It’s Difficult To Save For Retirement
Publication: National Public Pension Coalition
Article Date: November 12, 2020

Did you know that, according to the National Institute on Retirement Security (NIRS), 57 percent of workers have nothing at all saved for retirement? It’s troubling that a majority of Americans are caught in a retirement savings crisis. Here are three reasons why many face difficulty in saving for retirement. Read More…

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COVID-19’s Impact On Public Employment

Headline: COVID-19’s Impact On Public Employment
Publication: National Public Pension Coalition
Article Date: December 12, 2020

The coronavirus-induced economic crisis has devastated many parts of our economy this year, including state and local governments’ budgets that provide essential services like public safety, education, and nursing. Read More…

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Nearly half of women over 55 concerned about affording retirement

Headline: Nearly half of women over 55 concerned about affording retirement
Publication: PensionsAge
Article Date: November 25, 2020

The number of over-55s worried about running out of money in retirement has increased to over a third (34 per cent) over the past year, increasing even further to 48 per cent amongst women, research from the Equity Release Council and Key has found. Read More…

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10 Ways to Close Public Pension Funding Gaps

Headline:  10 Ways to Close Public Pension Funding Gaps 
Publication: Chief Investment Officer
Article Date: 11/05/2020

The best way to close public pension funding gaps, according to the National Conference on Public Employee Retirement Systems (NCPERS), is to reform state and local revenue systems and close tax loopholes. Read More…

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Accessing Long-Term Care Coverage Through Medicaid: The Safety Net For Seniors Facing Unmanageable Costs

HeadlineAccessing Long-Term Care Coverage Through Medicaid: The Safety Net For Seniors Facing Unmanageable Costs
Publication: NIRS
Article Date: 10/01/2020

With healthcare and long-term care costs rising at much higher rates than wages or salaries, it is becoming more difficult for Americans to afford the costs of long- term care. Read More…

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THREE WAYS YOU CAN FIGHT FOR RETIREMENT SECURITY DURING NATIONAL RETIREMENT SECURITY WEEK (AND BEYOND)

Posted:  October 22, 2020

Headline:  THREE WAYS YOU CAN FIGHT FOR RETIREMENT SECURITY DURING NATIONAL RETIREMENT SECURITY WEEK (AND BEYOND)

Publication: National Public Pension Coalition
Article Date:  October  22, 2020

Happy National Retirement Security Week! The National Association of Government Defined Contribution Administrators started National Retirement Security Week in 2006 to recognize the importance of a secure retirement, and it’s been observed during the third week of October each year since. Read More…

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State Supreme Court passes on Marin pension case

Headline: State Supreme Court passes on Marin pension case 
Publication: GlobalNewswire
Article Date: September 27, 2020

The California Supreme Court has dealt a blow to fiscal hawks who hoped a Marin County lawsuit would set a new precedent allowing governments to renegotiate pension agreements with employees. Read More…

October is National Retirement Security Month

HeadlineOctober is National Retirement Security Month 
Publication: GlobalNewswire
Article Date: September 02, 2020

NAGDCA today announced it has extended National Retirement Security Week to National Retirement Security Month, to be observed during October. Read More…

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How the COVID-19 Pandemic Impacts Older Workers

Headline: How The COVID-19 Pandemic Impacts Older Workers
Publication: National Public Pension Coalition
Article Date: August 26, 2020

The coronavirus pandemic is affecting the economic security of workers of all ages. However, it has been particularly damaging for older workers, as it has led to more of them retiring early. Read More…

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Here is a sequence of five short videos on the people behind the anti-pension movement.

Headline: Here is a sequence of five short videos on the people behind the anti-pension movement.

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