Press Release • January 1, 2013
WASHINGTON, D.C., January 23, 2013 – A new primer provides a comprehensive overview of the public pensions investment process, which has garnered increased attention in the wake of economic shocks that recently have impacted all investors. NEW ISSUE BRIEF OUTLINES PUBLIC PENSION INVESTMENT PROCESS Webinar Today at 1 PM ET to Review Findings; Register Here WASHINGTON, […]
Press Release • December 1, 2012
WASHINGTON, D.C., December 5, 2012 – Faced with financial pressures, 45 states have enacted defined benefit (DB) pension plan reforms since 2008 to achieve affordability, sustainability, and human resource goals rather than switching to 401(k) type defined contribution (DC) accounts. PENSION PLAN MODIFICATIONS PROVIDE SUSTAINABILITY Shifting From Pensions Not Optimal, Can Trigger Unintended Consequences Webinar […]
Press Release • November 14, 2012
November 14, 2012, A new research brief examines the workforce impacts of existing defined benefit (DB) pension plans to assess the likely effects of a switch to defined contribution (DC) individual accounts or cash balance plans. New Research Examines Human Resource Impacts of Pensions During Economic Downturn, Nearly All State & Local Employers Modified Pensions […]
Press Release • July 26, 2012
July 26, 2012, Rates of poverty among older households lacking pension income were approximately nine times greater than the rates among older households with DB pension income in 2010, up from six times greater in 2006 a new study calculates. Pension Income in 2010 Resulted in Public Assistance Savings of $7.9 Billion, 4.7 Million Fewer […]
Press Release • October 31, 2011
The Three Rs of Teacher Pension Plans: Recruitment, Retention, and Retirement finds that pensions play a critical role in school effectiveness and save money by reducing teacher turnover costs. PENSIONS IMPROVE QUALITY OF U.S. PUBLIC EDUCATION SYSTEM, REDUCE TURNOVER COSTS Pensions Help Retain 22,000 Teachers, Save $273 Million Nationally Webinar to review the finding scheduled for […]
Press Release • June 29, 2011
June 29, 2011, Washington D.C. — A new NIRS research report examines selected statewide public pension plans to identify common elements of plans that remained well funded despite two severe economic downturns. Download report here. Download PowerPoint here. The study identifies six features that enabled those plans examined to remain sustainable and affordable: Employer pension contributions that pay the […]
Press Release • March 8, 2011
March 8, 2011, Washington, D.C. — A new public opinion research report finds that an overwhelming majority of Americans believe the nation’s retirement infrastructure is crumbling and that stock market volatility makes it impossible to predict retirement savings. Download Research here. Download Press Release in PDF here. View CNBC coverage of the report here. The research also finds that Americans […]
Press Release • March 1, 2011
Leading Culprit is Funding Volatility, Not Pension Costs; Opportunities Exist to Reverse Pension Coverage Decline March 1, 2011 – Private sector companies have trended away from offering pensions because of an onerous regulatory environment. Download Research Brief here. Since the 1970s, laws and regulations have created funding volatility for companies sponsoring pensions, rather than facilitating predictable […]
Press Release • April 28, 2010
April 28, 2010, Washington, D.C. – A new study finds public sector employees earn less than comparable private sector employees. Press/interested parties webinar & conference call at 11 AM ET on Wednesday, April 28, 2010 at 11 AM ET. An analysis spanning two decades shows the pay gap between public and private sector employees has widened in […]