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Seniors can’t afford to retire and they can’t find jobs
Headline: California’s elderly crises: Seniors can’t afford to retire and they can’t find jobs
Publication: Chico News & Review
Article Date: May 30, 2019
“More Californians are working past the age of 65, many because they can’t afford to retire. But the seniors who most need a job often have the hardest time finding one.” Read article…
Politics Report: City Hall Faces Big Pension Decision
Headline: Politics Report: City Hall Faces Big Pension Decision
Publication: Voice of San Diego
Article Date: Jun 1, 2019
“Monday, June 10, could be a rather historic day for the city of San Diego. The City Council will meet in closed session to decide whether it wants to keep fighting to preserve Proposition B, the 2012 initiative that ended pensions for city employees (except police officers!) hired after that year.” Read article…
New Brief Finds Benefit Cuts Reduce Retention
Headline: New Brief Finds Benefit Cuts Reduce Retention
Publication: National Public Pension Coalition
Article Date: May 30, 2019
“The Center for Retirement Research at Boston College released a brief entitled, ‘Do Benefit Cuts Encourage Public Employees to Leave?’ Their findings indicate that benefit cuts to current employees cause employees to leave the public sector for private sector employment.” Read article…
Retirement Savings Bills Have Momentum on Capitol Hill
Headline: Retirement Savings Bills Have Momentum on Capitol Hill
Publication: Charles Schwab
Article Date: May 15, 2019
“In a bitterly divided Washington, there are few issues on which Republicans and Democrats can find common ground these days. But one issue that has attracted bipartisan support has the potential to be a big win for individual investors: retirement savings.” Read article…
Opinion: Even 75% of Americans in the best 401(k) plans won’t have enough to retire
Headline: Opinion: Even 75% of Americans in the best 401(k) plans won’t have enough to retire
Publication: Market Watch
Article Date: Apr 18, 2019
“Many Americans don’t save enough for retirement because they just don’t have the money. Others work in small companies that don’t offer 401(k)s, so all in all, only one in three Americans is saving in a company retirement plan, according to the U.S. Census Bureau.” Read article…