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Public Pensions in Washington State

Public Pensions in Washington State

May 15, 2011

Pensions enable retirees to live out their 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

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Posted in A Fair Deal at Work, An Inclusive Economy, Retirement Security Accounts

Public Pensions in Washington State

From Public Pensions in Washington State: Pensions enable retirees to live out their 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

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Posted in A Fair Deal at Work, Retirement Security

Pension benefits reduce poverty, decrease hardship in retirement

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,

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Posted in A Fair Deal at Work, Retirement Security

Public sector pensions are a model to emulate – not to cut

A recent article in the National Journal titled Golden Years? notes the gap between public and private sector retirement benefits has grown because today’s private sector workers have lost so much ground: In 1985, about four in five workers at

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Posted in A Fair Deal at Work, Retirement Security

Why Social Security taxes are a good deal

From MarketWatch | By Jeff Reeves ROCKVILLE, Md. — Staring at my wife’s annual tax documents this weekend, I couldn’t help getting fired up over what she paid into Social Security last year. When I pointed out the money sunk

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Knives out for public pensions as retirement security diminishes in private sector

The revenue shortfall in the state budget means a favorite stalking horse has once again been let out of the political stable: pension plans for public employees. But The Columbian has the real story behind the rhetoric: The attention on

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Social Security: Making a Good System Better (4/4)

This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Social Security is more important now than ever. Half of the workforce has no retirement plan other

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Social Security will be there for today’s young workers (3/4)

This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Much ado is made over the projection that in addition to the payroll tax, Social Security will

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Posted in A Fair Deal at Work, Column, Retirement Security, Social Security

Social Security’s finances are strong – and have prevented deeper deficits (2/4)

This post excerpted from Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Working Americans and their employers each pay a payroll tax of 6.2% on the first $106,800 of

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Posted in A Fair Deal at Work, Retirement Security, Social Security

Restoring America’s middle class starts with keeping Social Security’s promise (1/4)

From Restoring America’s Middle Class Starts with Keeping Social Security’s Promise || Part 1 | 2 | 3 | 4 Social Security is one of the great achievements of American democracy. It provides stable income to fully one quarter of

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Posted in A Fair Deal at Work, Retirement Security, Social Security
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