Leslie Kan's blog

  • Giving workers a "nudge" can dramatically impact the number of workers covered by a retirement plan.
  • Longer life expectancies mean states and districts will likely face higher retirement costs in pension benefits, but also means retiring later.
  • Military pensions do not distribute benefits equally and severely shortchange the majority of members. The Department of Defense is now considering switching to a hybrid model.
  • In Michigan, school funding has increased but schools aren’t seeing much of the money.
  • Workers are living longer, and for pension plans, this means more payments and a bigger overall price tag on benefits.