14 09, 2023

Public Pensions Support Race, Class, and Gender Equity in California

2023-09-14T09:00:50-07:00September 14th, 2023|Categories: Economy|Tags: , , , , |

By Nari Rhee Source: UC Berkley Labor Center This report analyzes the impact of public sector employment and defined-benefit pensions—which provide secure monthly retirement income based on salary and years of service—on poverty and wealth outcomes by race, gender, and educational attainment in California. Based on data from the U.S. Census Bureau, this report complements the author’s national-level study, Closing the Gap: The Role of Public Pensions in Reducing Retirement Inequality, available at https://www.nirsonline.org/reports/closingthegap/. We find that public pensions [...]

18 01, 2023

Pensions Recruit and Retain Public Employees

2023-01-18T14:18:41-08:00January 18th, 2023|Categories: Defined Benefit Plans|Tags: , |

Source: National Public Pension Coalition Did you know that state and local governments are facing staffing shortages of historic proportions that are significantly impacting communities across the country? One tool proven to help combat shortages and draw in potential employees is defined-benefit pensions! In fact, over 75% of Americans agree that providing a pension plan to public employees is an essential tool in the recruitment and retention of teachers and public safety officers, according to the National Institute on [...]

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