The Glass-Half-Full Way to Prep for the State and Local ‘Silver Tsunami’
A single retirement or multiple departures of experienced staffers don’t necessarily need to be scary for public-sector organizations.
GOP Tax Overhaul Could Hit State and Local Pension Plans With Federal Tax
“It's a huge burden,” the executive director of the National Conference on Public Employee Retirement Systems said as he discussed the tax proposal.
'Risk Is Shifting' for State and Local Employees Planning for Retirement
The changes are taking place in an era when some state and local governments are struggling with pension costs.
State and Local Attorneys Brace for a Workload Increase
Laws keep evolving, budgets keep tightening and more experienced attorneys are ready to retire, making automation that much more important for governments.
Addressing the Retirement Insecurity Crisis
As Congress steps back on supporting small business employee retirement accounts, the state treasurers from Illinois and Oregon point out the need to continue forward.
Cost Sharing Among State Defined Benefit Pension Plans
In response to the budget strains and funding challenges, some states have looked to alternatives to traditional pensions.
How to Turn a Retirement Plan Law for Private Sector Workers Into Reality
At a California forum, experts and officials discuss implementing the state’s new Secure Choice Act.
Jacksonville’s Frustrated Mayor: ‘We’ve Got to Get Out of the Pension Business!’
The mayor of Florida’s largest city continues to fume over fiscally troubled police and fire pensions and calls a possible $45 million miscalculation by an actuary “outrageous.”
Teacher Retirement Overhaul Coming Soon in Michigan?; Municipal IDs for Baltimore Residents
Also in our State and Local Daily Digest: New York governor vs. controller power struggle; California town is exempt from state ban on plastic bags; Tucson mayoral candidate sues city
What Happens When Golf Carts Hit the Streets?
Hundreds of cities now allow golf carts to be driven on some public roads. But are they safe?
As Rural America Ages, Volunteers Give a Hand
Volunteers in the graying states are helping seniors remain in their homes.
Labor Department Rule Gives States Flexibility to Help Boost Retirement Savings
State-sponsored automatic enrollment programs are now possible.
Can You Go Home Again? Some Older Retirees Say Yes
Some older retirees are finding that Snow Belt states, where their families live, may be more to their liking than the sunny states they first retired to.
To Solve Retirement Savings Crisis, States Push Bills Despite Resistance
Since 2012, more than half the states have considered bills to study or implement legislation that would provide retirement accounts to their uncovered workers.
More States Weigh Action to Help People Save for Retirement
For many Americans, a major barrier to saving more is that their employers don’t offer a retirement plan.
As Suburbs Age, Funding Fights Loom
The coming demographic shift could pit families with children against retired boomers in a fight for limited tax dollars.
Can Car-Centric Suburbs Adjust to Aging Baby Boomers?
The American suburbs are already aging. But car-centric neighborhoods with multilevel homes and scarce sidewalks are a poor match for people who can’t climb stairs or drive a car.
New Analysis Has Somewhat Better News for State, Local Public Pensions
But challenges and uncertainty persist, especially for deeply troubled retiree benefit systems in states like Kentucky and Illinois. “Some plans are still in real trouble.”
States Try to Help Private Sector Workers Save for Retirement
Policymakers seek to ensure that new programs can be implemented successfully, impose minimal burdens on employers, protect retirement savings, and are cost-effective and sustainable.
Employer-Based Retirement Plans: Access Varies Greatly
More than 40 percent of full-time workers have no pension or 401(k); geography, ethnicity, employer size and worker income all play a part.
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