Out of the limelight, public employee activists have achieved a near victory in their quest for a fair pension plan. However, fulfillment of a national precedent setting grievance award to allow Connecticut state employees to transfer from a defined contribution 401(k) type retirement plan into the state’s traditional defined benefit pension system has been delayed. […]
James W. Russell
About James W. Russell
James W. Russell (RussellJ@easternct.edu) is co-chairperson of the Connecticut Committee for Equity in Retirement. He blogs at www.perfectswindle.com on critical retirement policy to defend Social Security, promote defined benefit pension plans, and expose the fraud of 401(k) plans.