In the News • December 21, 2011
December 21, 2011 — As Virginia Gov. Robert F. McDonnell unveils a new plan to rebuild the state’s retirement system, the Washington Post uses Out of Balance to show that state workers’ pay is typically 11 percent less than that of private-sector employees. Read the full story here.
In the News • December 1, 2011
December 1, 2011 — As protestors take to the streets in Europe, National Public Radio cites NIRS research in a story about the decline of pension coverage. Yet, NIRS research finds that Americans want pension coverage to alleviate their retirement anxiety. Read the full story here.
In the News • November 23, 2011
November 23, 2011 — PLANSPONSOR’s September cover story, “The Cost of COLAs,” features NIRS’ Driector of Program, Ilana Boive, who offers insight on the importance of COLAs for retirees and how six well-funded systems utilized COLAs in their plan design. Read the full story here.
In the News • October 26, 2011
October 26, 2011 — U.S. News interviews NIRS director of programs, Ilana Boivie, about the state of funding levels of pensions plans across the country and how you can protect your pension benefit. Read the story here.
In the News • October 20, 2011
October 20, 2011 — PLANSPONSOR covers the new NIRS and Pension Trustee Advisors research that New York City’s defined benefit pension plan can deliver the same retirement income at a 40% lower cost than a defined contribution type account. Read the story here.
In the News • October 20, 2011
October 20, 2011 — Traditional pension plans are a better bang for New York City’s Buck, reports Reuters, according to the new NIRS report recently released by the NYC Comptroller. The article reports that “defined benefit plans have enormous economic efficiencies over defined contribution plans.” Read the story here.
In the News • October 20, 2011
October 20, 2011 — Traditional pension plans are a better bang for New York City’s Buck, reports Reuters, according to the new NIRS report recently released by the NYC Comptroller. The article reports that “defined benefit plans have enormous economic efficiencies over defined contribution plans.” Read the story here.
In the News • October 20, 2011
October 20, 2011 — BenefitsPro covers the research conducted by NIRS and Pension Trustee Advisors that show that the $119.6 billion New York City Retirement System’ defined benefit plans can provide retirement income at a much lower cost than defined contributions plans. Read the story here.
In the News • October 16, 2011
October 16, 2011 — The Financial Times outlines the rise in DC plans as states get creative in dealing with high costs of retirement income, and uses Decisions, Decision: Retirement Plan Choices for Public Employees and Employers to show that public employees overwhelmingly prefer DB plans. Read the story here.