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Category: In the News

  • In the News • February 13, 2013

    What’s All the Fuss About myRA Accounts?

    “Millions of Americans have no access to a retirement plan at their workplace. In fact, about 45% of U.S. households do not have any retirement account assets at all, according to a 2013 report from the National Institute on Retirement Security. President Barack Obama took aim at the problem in his recent State of the […]

  • In the News • January 21, 2013

    Retirement Account Have-Nots

    The Wall Street Journal’s MarketWatch covers the NIRS Report, The Retirement Savings Gap: Is It Worse Than We Think?, suggesting that the silver lining of defined benefit pensions protecting baby boomers, should be a benefit all Americans have access to. Read the article here.

  • In the News • January 14, 2013

    401(k) breaches undermining retirement security

    January 14, 2013 – The Washington Post quotes NIRS executive Director Diane Oakley. “We’re going from bad to worse. Already, fewer private-sector workers have access to stable pension plans. And the savings in individual retirement savings accounts like 401(k) plans — which already are severely underfunded — continue to leak out at a high rate.” […]

  • In the News • January 10, 2013

    Retirees Face Fiscal Cliff

    January 10, 2013 – A USA Today column quotes NIRS executive Director Diane Oakley on the economic efficiencies of defined benefit pension plans. “Over 30 years, Oakley says, money in individual retirement accounts can be expected to return nearly 25% less than equal amounts of money poured into traditional pension plans.” Read the full column here.

  • In the News • November 6, 2012

    Young Americans Face Bleak Retirement Prospects

    November 6, 2012 – The Washington Post reports on the retirement prospects facing young workers as the slow economic recovery has caused employers to reduce pension benefits and cut retirement contributions. NIRS weighs in on what this means for the Millennials and their futures. Read the full story here.

  • In the News • September 27, 2012

    Pensions Provide Security for Americans

    September 27, 2012 – How valuable are traditional pensions to Americans? The Alliance for Retirement Income Adequacy covers NIRS’ work, The Pension Factor and Pensionomics 2012, as well the trend that employees – young and old – are finding value in traditional DB pensions. Read the full story here.

  • In the News • August 8, 2012

    Why The Decline In Pensions Will Mean An Increase In Poverty For America’s Retirees

    August 8, 2012 – ThinkProgress covers the decline in dependence on pension benefits that will likely lead to a rise in poverty for America’s future retirees, according to The Pension Factor 2012. The study found that seniors — a demographic that typically has lower poverty rates than younger Americans — who live in a home without […]