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Texas Bills Aim to Shift Control of Pension Funds From State to Cities

Two Texas lawmakers have filed bills that would shift control of municipal pension funds away from the state and give it to cities. Some business leaders have been pushing for the ...
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Retirees Talk About Their Biggest Retirement Saving Mistakes And How to Avoid Them – “Spending Like A Millionaire”

By the time a person reaches retirement age, it’s likely they’ve made a few financial mistakes in their lives. Everyone has. Learning from our own mistakes is important. But one ...
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Chart: Retirement Confidence – Workers With Plans vs. Workers Without Plans

Here’s an interesting comparison: the retirement confidence of workers who have a retirement plan versus those who don’t. In this context, “retirement confidence” ...
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Nevada Lawmakers Review Bill to Give Pension System 401(k) Features

A panel of Nevada lawmakers on Wednesday examined a bill – officially titled AB190 – that would give the state’s pension system more features of a 401(k) plan. The goal of the ...
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Chris Christie Proposes Social Security Cuts for High Earners

New Jersey Gov. Chris Christie is likely to announce a presidential bid in the coming months, and on Tuesday he began laying the groundwork for his campaign positions. Christie on ...
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Video: Florida One of Worst States for Retirement Security, Says Study

video platformvideo managementvideo solutionsvideo player This video segment explores the results of a recent study that found Florida to be one of the worst states for “retirement ...
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One Chart Encapsulates the Retirement Crisis Facing Minorities in America

This stark chart comes courtesy of the Urban Institute, and it shows the gap in liquid retirement savings between White, African American and Hispanic families in the United States. Averages, ...
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South Dakota Pension Looks at Increasing Retirement Age, Reducing COLAs for New Hires

Officials at the South Dakota Retirement System (SDRS) have spent the last two years studying a series of benefit changes that would hypothetically be applied to new members, according ...
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Rhode Island Retirees, Unions Approve Pension Settlement – What Does It Mean For Benefits?

The years-long lawsuit against Rhode Island’s 2011 pension changes is nearly settled, as it was announced on Thursday that most retirees and union members had approved the proposal. The ...
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Video: Elizabeth Warren Calls for Stronger Rules for Retirement Planners

Last month, Open Retirement covered President Obama’s push for tighter rules on brokers who manage the retirement accounts of Americans; the rules would hold brokers to a “fiduciary ...
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