What Is the Special Financial Assistance Program?
And what does the federal program for struggling multiemployer plans mean for the future of defined benefit plans?
Tag: National Institute on Retirement Security
Pensions
Pension Spending Supported $1.3 Trillion in Economic Output During Pandemic
Report finds strong economic gains attributable to DB pension expenditures in 2020 despite COVID-19 outbreak.
Asset Allocation
How Pension Plans Evolved Out of the Great Financial Crisis
Despite the recession and subsequent loss of assets value, pensions plans continued to pay out over a trillion dollars in benefits to stakeholders over the recessionary era.
Research
New Report Measures Public Pension Health
NCPERS publishes new metrics to evaluate the sustainability of state and local funds.
Newsmakers
DB Plans Far More Cost-Efficient Than DC Plans, Research Finds
Switching from pensions to 401(k) plans only saves money if benefits are cut substantially, a new report says.
Research
US Pension Spending Supports $1.3 Trillion in Economic Output
A new report assesses the national economic impact of benefits paid by defined benefit plans to retirees.
Asset Management Culture
4 Public Pension Funding Strategies Besides Employer Contributions
Issuing bonds or tapping gambling revenues are among the methods some states adopt, the National Institute on Retirement Security finds.
Taxpayer Costs Rise When States Move Out of DB Pensions
Research says changing benefits for new hires does not solve funding shortfalls.
Risk
Palm Beach Post Mortem
A case study examines what went wrong when a Florida town closed its defined benefit pension.
Public Employees Overwhelmingly Choose Pensions Over 401(k)s
Survey also finds workers in defined contribution plans earn lower returns than those in defined benefit plans.