Press Release • January 14, 2009
January 14, 2009, Washington, D.C. – A national public opinion survey reveals widespread retirement insecurity among Americans. Current economic conditions have more than eight out of ten Americans worried about their ability to retire. Some 71% indicate they feel it is harder today to retire as compared to previous generations. The findings also indicate that […]
Press Release • November 24, 2008
November 24, 2008, Washington, D.C. – A new analysis of public pension investment data indicates that public plans exhibit prudent investment behavior – even during volatile market conditions. The results are contained in a new report, “In it for the Long Haul: The Investment Behavior of Public Pensions,” released today by the National Institute on […]
Press Release • August 14, 2008
August 14, 2008, Washington, D.C. – A new report finds a defined benefit (DB) pension can deliver the same retirement income at 46% lower cost than an individual defined contribution (DC) account. The analysis calculates that DB pension plans: Avoid the problem of “over-saving” by pooling the longevity risks of large numbers of individuals – resulting in a 15% cost […]