Pensionomics 2025

Pensionomics 2025: Measuring the Economic Impact of Defined Benefit Pension Expenditures

Source: National Institute on Retirement Security Pensionomics 2025: Measuring the Economic Impact of Defined Benefit Pension Expenditures finds pension spending powered by U.S. private and public sector defined benefit pensions contributed significantly to the economy. In 2022, retiree spending of public and private sector pension benefits generated $1.5 trillion in total economic output, supporting 7.1 million jobs across the nation. In addition to its impact on employment and economic activity, pension spending bolstered public finances in 2022, adding $224.3 [...]

Pension Income Contributed $1.5T to US Economic Output in 2022

By Matt Toledo Source: Chief Investment Officer More than $680 billion in pension benefits were paid to 26.3 million beneficiaries in 2022, according to new researchfrom the National Institute on Retirement Security’s “Pensionomics 2025” report, which quantified the economic impact of defined benefit pension expenditures. “Virtually every state and local economy across the country benefits from the spending of pension checks,” wrote the report’s authors, NRIS Executive Director Dan Doonan and Ilana Boivie, an assistant director of strategic resources [...]