Reprinted from The Everett Herald It isn’t any surprise that people are pessimistic and negative right now. If we have jobs, we are worried about keeping them. If we don’t, we are worried about making ends meet, especially as unemployment insurance has run out for tens of thousands of jobless workers in our state. We [...]
Pension benefits reduce poverty, decrease hardship in retirement
April 29, 2011 By Leave a Comment
From the National Institute on Retirement Security (NIRS): A recent study by the National Institute on Retirement Security found that defined benefit pension income plays a critical role in reducing the risk of poverty and hardship for older Americans. The report, The Pension Factor, found that pensions reduce – and in some cases eliminate – the [...]
Examining public pensions: A system that works for all
April 27, 2011 By 2 Comments
From the Everett Herald: Pensions enable us to live out our older years in dignity. In the United States, an employer-provided retirement plan has long been considered an essential complement to Social Security and personal savings to ensure retirees have satisfactory incomes and certainty for household finances. Since 1937, our state has developed a network [...]
Recent Comments