Equable educates employees, retirees, policymakers, and stakeholders about how to achieve retirement plan sustainability, accountability, and income security.
Joined October 2018
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Equable retweeted
Connecticut pays the full cost of #teacherpensions for districts, but doesn’t factor that into school funding. So students in some districts get less than others. equable.org/brief-connecticu…
For example, @OrangeCTBOE gets more per pupil pension subsidies than nearby Ansonia—and produces better student outcomes.
@KaraRochelleCT @Cabrera4CT
This teacher appreciation week, a pizza party isn’t enough to thank America’s educators. It’s time for a better pension deal for teachers and it starts with dealing with pension debt. Read Equable’s perspective here: bit.ly/3LQNhwv
Defined contribution plans are one of a few types of retirement plans offered to public workers in the U.S. Do you know how they work? Learn more here: bit.ly/43mfUJP
A 403b plan is a form supplemental savings available to teachers in the U.S. How much income do you need in retirement to have a comfortable life? The answer to this question varies. Learn more here! bit.ly/3XlwXZH
If you're a public worker, there are two rules that reduce your social security benefits – the Windfall Elimination Provision and the Government Pension Offset. Check out our explainer to understand how you might be affected: bit.ly/3oa6Mba
There are 12 states that have opted out of allowing state workers to collect both Social Security and a pension. And another 5 states have allowed local employers to choose whether or not they participate. Are you enrolled? bit.ly/3AboDRH
Retirees with a pension from state or local governments were made a promise: guaranteed income for the rest of their lives. But in a number of states, that doesn’t necessarily mean a financially secure retirement due to inflation. Is your plan protected? bit.ly/3yYaxCv
Some public workers have a hybrid retirement plan that combines two different benefit designs like a pension and defined contribution plan. Do you have one? Learn more about these plans here: bit.ly/412QGio
Pensions aren't the only plans offered to public workers. A guaranteed return plan builds retirement income for participants by creating personal accounts for each employee, and blending investments to be managed by a retirement system. Learn more here: bit.ly/3L5WBxf
Are you a new teacher or preparing to become one? Not sure where you'll teach? Your retirement benefits are an important part of your compensation. Check out our ranking of the best and worst states for new teacher retirement benefits: bit.ly/3KKSoO7
Happy 4/20 from Equable Institute! Here’s an idea that is certain to break through the political weeds on pension funds: legalize cannabis and use the tax money to stabilize state and local retirement systems. Read more in our latest article: bit.ly/3L90jGo
Do you know how secure your retirement is? These free customizable scorecards can help you determine how well your retirement plan is working for you. Click the link to view your public retirement plan's data : bit.ly/3ZqXOTW
Wondering how you can calculate or estimate the value of your future pension? Checkout our free pension calculator as you plan for your future retirement security. bit.ly/3fsUOoZ
April is Financial Literacy Month. We've compiled Equable's most important retirement education resources for public workers, so you can get a head start on preparing for the future. bit.ly/43vZ6QK
While public pension performance trended negatively in 2022, the effect of volatile market conditions has varied from state to state. In our State of Pensions year end update, we ranked how all 50 states + D.C. stacked up. bit.ly/3vKaDfM
A vesting period is the amount of time that employers usually require employees work to qualify for retirement benefits. Do you know your state's vesting period? bit.ly/3VkTXGR
Teachers: Do you know what a 403b plan is? We've put together a run down of everything you need to know. bit.ly/3XlwXZH
The pension formula is based on your working years, both how long you serve and what you earn. However, each pension uses different rules that can make a big difference in how much your pension is worth. Check how much your pension is worth today! bit.ly/3fsUOoZ
The average COLA provided by teacher pension plans this year has been 1.8%. That does not keep up with the estimated 8.5% inflation rate we are projected to see this year. Even though many teacher pension plans have COLAs, there's no widespread protection. bit.ly/3r4Gs0y