DB

WASHINGTON, Dec. 8, 2022 /PRNewswire/ -- A first-of-a-kind analysis finds that retirement is growing more challenging for public sector workers. State and local employees in a typical public defined benefit (DB) pension plan need to save about four to six percent of their salary on their own to ensure adequate retirement income. The report also finds that defined contribution (DC) plans provide less retirement income than DB plans in a typical cost-equivalent conversion for career employees.

“The market has taken some dramatic turns this year, including the best month this past October since 1976,” said Kevin Barry, president of Workplace Investing at Fidelity Investments. “Retirement savers have wisely chosen to avoid the drama and continue making smart choices for the long-term. This is important, because one of the most essential aspects of a sound retirement savings strategy is contributing enough consistently – in up markets, down markets, and sideways markets -- to help reach your goals.”

IRVINE, Calif., Nov. 11, 2022 /PRNewswire-PRWeb/ -- Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has released a new series of programmable attenuators designed to meet the needs of electronic warfare, test and measurement, and electronic countermeasures applications.

TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) -- In a letter submitted to the House of Commons Standing Committee on Finance (FINA), the Association of Canadian Pension Management (ACPM) commented on Bill C-228, noting serious, undesirable and unintended consequences if the Bill should pass into law and outlining alternative approaches to secure retiree pensions, to achieve the same goal without the potential to harm the retirement income system.