FACT SHEET: President - The White House
Dec 8, 2022 · Today, joined by Teamster President Sean O’Brien, AFL-CIO President Liz Shuler, Secretary of Labor Marty Walsh, and Teamster workers and retirees with multiemployer pensions, President Biden...
What the Butch Lewis Act Will and Will Not Do - Pension Rights …
On March 11, 2021, as part of the American Rescue Plan Act, President Biden signed the Butch Lewis Emergency Pension Relief Act into law. The law will preserve and restore the pensions of more than one million retirees and workers in an estimated 200-225 severely underfunded multiemployer pension plans.
Pension Reform News: Report finds $1.59 trillion in public pension …
Oct 18, 2024 · Leveraging data from 191 state and local public pension systems in the United States, the report shows total public pension debt rose to $1.59 trillion at the end of 2023, most of which (88% of the debt) was held by state governments.
Pension Reform - NASRA
NASRA updates six key briefs annually on public pension management. The latest focuses on employee contributions to public pensions. Unlike private sector pensions, state and local government employees contribute to their retirement benefits, a …
Pension Reform Archives - Reason Foundation
The Reason Foundation's pension reform work has helped policymakers in states like Arizona, Colorado, Michigan, and Montana reform their state pension programs. The median public pension system is equipped to finance 76% of its pension obligations.
Pension reform consulting from Reason Foundation
We’ll review all available pension reform options and work with you to find the approach that’s most viable. We never push a single, cookie-cutter approach to public pension reform.
These States Lead the Way on Pension Reform - WSJ
After 20 years of inadequate funding policies, failure to meet overly optimistic investment return targets, and other factors, state and local government pension systems are now $1.5 trillion...
Rethinking pension reform: A new CEPR eBook | CEPR
Nov 14, 2024 · Recent years have seen a surge in empirical research on retirement behavior and the impact of pension reforms. This column presents a new eBook that reviews insights from the newest advances in research on retirement policy and provides fresh perspectives on how to (re)think pension reforms.
From France To The U.S.: Pension Reforms And The Retirement ... - Forbes
Mar 20, 2023 · French President Emmanuel Macron took a bold step last Friday by raising the legal retirement age in his country from 62 to 64, bypassing parliament and potentially setting his government up...
Social Security Fairness Act brings retirement changes for nearly 3 ...
Jan 6, 2025 · Now, two provisions that reduced Social Security benefits for certain public workers who receive pensions — the Windfall Elimination Provision, or WEP, and that Government Pension Offset, or GPO ...