In the News • December 21, 2010
December 21, 2010 — The Washington Post reports on public sector pay. A recent study by NIRS and the Center for State & Local Government Excellence found that total compensation for state employees was 6.8% lower than for private-sector workers, when attempting to compare similar jobs. Read the full article here.
In the News • December 21, 2010
December 21, 2010 — Pension & Investments reports that Diane Oakley will become NIRS’s second Executive Director, effective January 18, 2011. Read the full article here.
In the News • December 21, 2010
December 21, 2010 — PLANSPONSOR publishes news that Diane Oakley will take over the reins at NIRS, effective January 18, 2011. Read the full article here.
In the News • December 18, 2010
December 18, 2010 — The Wall Street Journal reports on public pay. A recent study by NIRS and the Center for State & Local Government Excellence found that total compensation for state employees was 6.8% lower than for private-sector workers, when attempting to compare similar jobs. Read the full article here. (Subscription)
In the News • December 1, 2010
December 2010 — In a Las Vegas Review Journal letter to the editor Lee Saunders, AFSCME Secretary-Treasurer, quotes NIRS research, which found that professionally managed pensions can deliver the same level of benefits at half the cost of a 401(k)-style plan. Read the full article here.
In the News • December 1, 2010
December 2010 — Findings NIRS’ research report, “Better Bang for the Buck,” are cited in a recent article by Left Labor Reporter. It notes that, “the cost to deliver the same level of retirement income to a group of employees is 46 percent lower in a DB plan than it is in a [private] DC […]
In the News • December 1, 2010
December 2010 – The recent Financial Times article, “Call for Collective Pensions,” includes findings from the NIRS research report, “Better Bang for the Buck,” noting that, “outcomes from collective schemes could be as much as 83 percent better than from traditional DC schemes. The article also discusses the “collective” defined contribution pension schemes, which allow for […]
In the News • November 1, 2010
November 2010 — NIRS director of programs, Ilana Boivie, writes in Register Rep Rep magazine that, “with shriveled 401(k) balances, shrunken housing wealth, and precarious job market, millions of Americans truly continue to struggle in the aftermath of the economic downturn.” The article also discusses several practical, broad-based policy solutions that could be implemented to rebuild a […]
In the News • October 1, 2010
October 2010 — At one time, the U.S. had a “three-lane highway” to retirement—a pension, Social Security, and individual savings—available to a large portion of the workforce. Today, our retirement infrastructure is in disrepair. The American challenge is to rebuild the road to retirement. NIRS director of programs Ilana Boivie writes that as the traditional […]