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• • March 2, 2020

  Fortifying Main Street: The Economic Benefit of Public Pension Dollars in Small Towns and Rural America

  As many small towns and rural communities across America face shrinking populations and slowing economic growth, a new report finds that one positive economic contributor to these areas is the flow of benefit dollars from public pension plans. In 2018, public pension benefit dollars represented between one and three percent of gross domestic product (GDP) […]

• • August 7, 2019

  Enduring Challenges: Examining the Experiences of States that Closed Pension Plans

  A new series of case studies finds that states that shifted new employees from defined benefit pensions to defined contribution or cash balance plans experienced increased costs for taxpayers, without major improvements in funding. The research also indicates that the move away from pensions cuts employees’ retirement security and that employers may face increasing challenges […]