In the News • June 13, 2011
June 13, 2011 — A recent SEIU Blog article cites NIRS research which found that implementing defined contributions or 401(k) plans can cost almost twice as much as traditional pension plans, or defined benefit plans. Read the full story here.
In the News • May 22, 2011
May 22, 2011 — In a story regarding efforts to curb retirement benefits of federal workers, The Washington Post features a NIRS chart comparing pensions. The article also quotes the NIRS executive director Diane Oakley on the benefits of pension plans. State and local governments also didn’t follow the federal example, swinging the pendulum the other way. […]
In the News • April 16, 2011
April 16, 2011 — A recent article by the Associated Press uses NIRS’ Out of Balance Report to try and judge which sector receives higher pay. Read the full story here.
In the News • April 6, 2011
April 6, 2011 — A recent opinion piece in the Pomerado News features findings from NIRS’ Out of Balance report. Some findings cited include the realities that even taking the current levels of public pensions into account, state and local employees have lower total compensation packages than their private sector counterparts. On average, total compensation is 6.8 percent lower for state employees and 7.4 percent […]
In the News • March 28, 2011
March 28, 2011 — PolitiFact.com cites NIRS’ Out of Balance report to correct the record. Refuting comments made on a recent episode of a PBS talk-show, the article that the claim that that government workers are better paid than those in the private sector, traces to an egregiously simplistic comparison, ignoring meaningful differences in the public and private […]
In the News • March 11, 2011
March 11, 2011 — Watch Jon Meacham and Alison Stewart on PBS’ Need to Know as they examine public sector compensation levels. They cite NIRS “Out of Balance” study, which finds that public sector workers earn an average of 11% and 12% less, respectively, than comparable private sector employees. The analysis spans two decades to find that […]
In the News • March 9, 2011
March 9, 2011 — Reuters provides more coverage of the NIRS second annual policy conference, highlighting comments from J. Mark Iwry, deputy assistant secretary for retirement and health policy at the U.S. Department of the Treasury. In his comments, Iwry noted that the Obama Administration may soon propose rules that would make it easier for employers to offer workers guaranteed […]
In the News • March 8, 2011
March 8, 2011 — National Underwriter Life and Health News recently featured comments from Dirk Kempthorne’s remarks at the 201 NIRS Policy Conference. In his remarks, Kempthorne called for the passage of the bipartisan lifetime Income Disclosure Act, which has been introduced as S. 267 in the Senate and as H.R. 677 in the House. The bill would require […]
In the News • March 8, 2011
March 8, 2011 — Reuters covers the NIRS second annual policy conference, highlighting findings from a recent NIRS opinion research poll and comments from Scott Pattison, executive director of the National Association of State Budget Officers. During the conference Pattiion noted that, “If you ask a state budget officer what they think spending will look like over a 10-year period going forward, […]