Tag Archives: pension crisis

The program has been nearing the brink for years, but as COVID-19 wreaks havoc on the U.S. economy, those who rely on it the most may be in for a rude awakening. Here’s why Americans may want to prepare other sources of income.

For many Americans with a state pension, it’s been obvious for years that their nest egg has been on the verge of collapse. But now that these plans appear ready to request bailout funds from taxpayers, every citizen is about to be on the hook. Here’s what you need to know.

For years, the long-term solvency of many public and corporate pensions has been in doubt. Now that the coronavirus is tanking the markets, a renewed spotlight has been placed on these plans. Can the weakest survive much longer? Find out here.

As pensions crumble all around the country, one decision maker has proposed a radical “Hail Mary” to make them solvent. But could this solution have unintended consequences to ripple across the entire nation? Find out here.

A longstanding titan of the American economy, today, GE is clamoring to shed its debt, in part by cutting the pensions of its prior employees. As corporate pensions continue to disappear, we look at the landscape of defined benefit programs in the United States, where they are heading, and what you can do as an alternative.

As the bull market in stocks powers through its record-breaking eleventh year, pension funds still find themselves woefully underfunded, leaving them dangerously exposed to the inevitable correction in stocks. Now, some authorities are espousing a controversial plan to rescue the pensions when it will be necessary. But will it do more harm than good?

In the face of the European Central Bank sending interest rates further negative, many in the US are calling for the same negative rates from the Federal Reserve. However, while that may provide some temporary stimulus for the economy, it could prove to be extremely problematic for pensions. Find out why here.

Pensions are in trouble after failing to meet needed 1Q returns by more than half and starting 2019 off with a $2 trillion deficit. But it’s not only pension holders who will get hurt by the coming pension crisis.

There are two crises U.S. states are currently facing that need attention. However, due to a limited budget, they will likely have to choose which they want to focus on, and it doesn’t look good for public pensions.

The pension crisis has been escalating for quite some time, and accounting for pension shortfalls seems next to impossible for state governments. But another problem may be spelling the beginning of the end for public pensions altogether.