Pensionomics 2023: Measuring the Economic Impact of Defined Benefit Pension Expenditures
By Dan Doonan, Ilana Boivie and Tyler Bond Source: National Institute on Retirement Security Economic gains attributable to private and public sector defined benefit pensions in the U.S. during the COVID-19 pandemic were substantial, according to Pensionomics 2023: Measuring the Economic Impact of Defined Benefit Pension Expenditures. This report calculates the national economic impacts of U.S pension plans, as well as the impact of state and local plans on a state-by-state basis. This report finds that retiree spending of public and [...]