Tag: 401(k) plans|Public pension plans|Stock market|Traditional (defined benefit) pensions
State pensions eyes European chaos for opportunity
The European economic storm continues to swirl and threaten investments in the U.S., but Connecticut’s top pension official sees opportunity in the troubles on the other side of the Atlantic.
Don’t blame government workers’ pensions
Let’s be clear about this: Truly abusive pension practices should be eliminated. But it is wrong to suggest that such abuses are commonplace or spreading. To the contrary, 40 states made significant changes to their pension plans during the past two years in order to reduce benefits and decrease costs.