Tag: public defined benefit (DB) plans

Alaska and Rhode Island are examining options for public retirement plans, as not having pension plans has made it hard...

As increasingly more public sector workers rely on defined contribution plans for their retirement savings, many are struggling to grow...

The pension fund sued Aon citing breach of contract, breach of fiduciary duty and negligence over accounting error.

Personal debt, possible cuts to Social Security and rising inflation are concerns for state and local government employees when saving...

State and local government employers can bolster the retirement and overall financial security of workers with expanded access to emergency...

National Institute on Retirement Security research finds pension plans alone often don’t provide retirement income adequacy for state and local...

A panel hosted by the National Institute on Retirement Security explained that all pension plans are at increased risk, especially...

The research demonstrates that public-sector workers tend to feel safer spending more when they have a defined benefit retirement plan...

The pension fund had been under investigation for more than a year over an accounting error in 2020.

Economic and geopolitical challenges significantly diminish last year’s gains.

While state pensions reached their highest funded status in six years, market volatility and declining markets signal potential difficulty ahead.

Public plan sponsors must make their contributions, even in difficult times.

New federal sanctions forced Colorado’s PERA to take its money out of a Russian state-owned bank almost immediately.

Public funds bested corporate funds thanks to higher equity allocations.

A law that moved all city employees except police officers to defined contribution plans was found to have been illegally...

A study found pension debt is sustainable in all but five states, and NCPERS says sustainability valuation can be used...

A report, which says their investments have underperformed since the 2008 financial crisis and are costly, suggests officials should switch...

What questions should defined benefit plan officials ask about their cybersecurity protocols?

With more than 3 million public school teachers in the U.S. workforce, public teacher retirement is a broad retirement security...

U.S. equity is a core holding for all plan types, and alternative investments gave plans a boost as well.