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Message to SCERS Participants: Your SCERS Benefits Remain Secure

RetirementWith everything that has been happening in the financial markets, and the economy generally, over the last several months, it is understandable if SCERS participants might be concerned about the impact of these events on SCERS and your SCERS retirement benefi ts. Accordingly, I will go right to the bottom line: SCERS remains financially strong and your SCERS benefits are secure.
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Decisions, Decisions: Retirement Plan Choices for Public Employees and Employers

National Institute on Retirement SecurityA new research analysis finds that defined benefit (DB) pension plans are strongly preferred over 401(k)-type defined contribution (DC) individual accounts.
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Lessons from Well-Funded Public Pensions: An Analysis of Plans that Weathered the Financial Storm

National Institute on Retirement SecurityA new study identifies common elements of public sector defined benefit pension plans that remained well-funded despite two severe economic downturns.
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Pensions and Retirement Security 2011: A Roadmap for Policymakers

National Institute on Retirement SecurityPublic opinion research finds an overwhelming majority of Americans believe the nation’s retirement infrastructure is crumbling and stock market volatility makes it impossible to predict retirement savings.
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Who Killed the Private Sector DB Plan?

National Institure on Retirement SecurityIn recent decades, defined benefit pension coverage has declined for private sector workers. This issue brief finds that funding volatility is the primary culprit, not pension costs. It also identifies opportunities to reverse the trend.
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Out of Balance: Comparing Public and Private Sector Compensation Over 20 Years

National Institute on Retirement SecurityEmployees of state and local government earn an average of 11% and 12% less, respectively, than comparable private sector employees. 
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