In the News • April 18, 2013
NIRS executive director Diane Oakley writes that more than 70 percent of Americans agree that public employees who protect and shape our future should receive a pension. So it is not a surprise that, after the financial crisis, Pennsylvania and nearly every state enacted sustainability changes. Read the full article opinion piece here.
In the News • April 7, 2013
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In the News • February 13, 2013
“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
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 19, 2013
In the News • January 14, 2013
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
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
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
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.