Public Pensions Archives - Pension Policy International

13OctOctober 13, 2026

Military Retirees Block Nigerian Pensions Board Entrance In Abuja Over Alleged Unfair Adjustments

Military retirees on Tuesday blocked the entrance to the Military Pensions Board office in Dutse Alhaji, Abuja, protesting what they described as an unfair formula for calculating pension adjustments. The veterans barricaded the entrance with canopies and chairs, while armed soldiers prevented them from entering the premises. The protest comes weeks after retired military personnel demonstrated at the Ministry of Defence in September, demanding a pension increase following salary adjustments for serving military officers. The Minister of Defence, Christopher Musa, reportedly assured...

October 13, 2026

NewsAdequacy, Nigeria, Public Pensions

09OctOctober 9, 2026

Wealthy French quit failing state schools squeezed by pensions and austerity

Clemence Remy moved to the French city of Nantes in 2020 and enrolled her two girls in the local state school. The teachers were good, but she grew so exasperated by rolling staff strikes that she eventually put them in a private school. Those concerns about state schools have helped fuel some of France's most violent protests in decades. They began last ‌month at high schools in Paris' poor northern suburbs, where anger over teacher absences and shabby facilities quickly...

October 9, 2026

NewsFrance, Public Pensions

02OctOctober 2, 2026

Workforce Turnover and Retention in the Public Sector: Insights from Public Pension Plans

By Barbara Butrica & Dan Doonan Workforce turnover has implications for employees and employers. On the employee side, turnover can involve lost wages and benefits. On the employer side, turnover can involve the loss of experienced employees as well as the investments made in training them. It also generates additional costs associated with recruiting and training replacement workers. Understanding the timing of turnover and how retention evolves over employees’ careers is important for economic security, workforce planning, public service delivery,...

October 2, 2026

Books, Books, Labor Market, Reports2026, Labor Market, Public Pensions, System Characterization

01OctOctober 1, 2026

Bank of Ghana personnel costs more than double to GH¢3.29bn in three years as staff numbers rise

Figures contained in the bank’s annual reports and audited financial statements show that personnel costs increased from GH¢1.62 billion in 2022 to GH¢3.29 billion in 2025, representing growth of about 103 per cent. By comparison, reported staff strength rose from 2,206 to 2,691 during the same period, an increase of approximately 22 per cent. The figures show a widening gap between the growth in the bank’s workforce and the cost of maintaining its personnel. Personnel expenditure increased from GH¢1.26 billion in 2021...

October 1, 2026

NewsGhana, Public Pensions, Public spending

25SepSeptember 25, 2026

Natural Buyers? Pension Funds and Treasury Exposure

By Aleksandar Andonov, Kristy Jansen & Joshua D. Rauh Long-maturity Treasury issuance reduces government rollover risk but depends on investors with structural demand for duration. We examine whether U.S. public pension funds, a $7 trillion sector, provide such demand, as is often presumed given their liabilities. Using security-level holdings, we show that Treasuries account for only 6% of pension assets and that total Treasury exposure, including derivatives, has a maturity of 8.0 years, only 1.3 years longer than marketable Treasury...

September 25, 2026

Articles, Investment2026, Investment, Pension Management, Public Pensions, US

14SepSeptember 14, 2026

UK. Why civil service pensions have been delayed as backlog still over 30,000

Thousands of retired civil servants continue to face late or missing pension payments as administrator Capita oversees a growing caseload. The government outsourcing giant took over the civil service pension scheme in December 2025, taking an already considerable backlog of 86,000 cases to 120,000 by February 2026. It admitted earlier this year that its handling of the 1.7 million-member scheme was “not good enough” amid scathing government scrutiny. Capita’s contract to oversee the Royal Mail statutory pension scheme was terminated in April,...

September 14, 2026

NewsPublic Pensions, UK

24JulJuly 24, 2026

Retirement at Risk: The Political Economy of Public Pension Governance

By Allen Mendenhall & Dan Sutter State public pension systems manage over $6 trillion in assets while facing approximately $1.3 trillion in unfunded liabilities, raising fundamental questions about governance effectiveness and fiduciary accountability. This Article examines these challenges through the analytical framework of governance, applying insights from public choice, principal-agent models, and corporate governance to argue that details in implementation significantly impact outcomes. We offer Ohio's State Teachers Retirement System (STRS) as a case study. Recent governance reforms in Ohio-including...

July 24, 2026

Articles, Pension Management2026, Governance, Political economy, Public Pensions

30JunJune 30, 2026

Economists Say Growing Government Pension Costs Are Putting Malaysia’s Economy At Risk

Economists have described the government's proposed revamp of the civil service retirement scheme as a vital structural reform According to the New Straits Times, the shift is seen as crucial to preventing rising pension liabilities from undermining the country's long-term fiscal health. The government is currently refining the proposed mechanism, known as the "contributory permanent appointment" scheme, to balance long-term fiscal sustainability with the need to attract and retain top-tier talent. Sunway University economics professor Dr Yeah Kim Leng said the current...

June 30, 2026

News2026, Malaysia, Public Pensions, Public spending

23AprApril 23, 2026

Reform UK plans to scrap ‘gold-plated’ public sector pensions for new workers

Reform UK has unveiled plans to abolish so-called "gold-plated" pension arrangements for new public sector workers from 2030. The proposals would see defined benefit schemes, which guarantee retirement income, replaced with defined contribution arrangements dependent on investment performance. Under the plans, individuals entering public sector employment after 2030 would no longer have access to guaranteed pension payouts. The policy would take effect if Nigel Farage secures victory at the next general election. Reform UK has previously committed to ending such schemes for new...

April 23, 2026

NewsPension Reform, Public Pensions, UK

22AprApril 22, 2026

US. Bipartisan Bill Seeks to Deny Pensions to Convicted Members of Congress

U.S. Representatives Suhas Subramanyam (D-VA) and Anna Paulina Luna (R-FL), along with Reps. Lauren Boebert (R-CO), Emily Randall (D-WA), Nancy Mace (R-SC), and James Walkinshaw (D-VA), introduced the bipartisan Congressional Pension Integrity Act on April 21, 2026. According to a statement from Subramanyam’s office, the legislation would bar members of Congress who commit “sex crimes, crimes of violence, corruption and fraud, and engage in sexual relations with their staff,” from receiving taxpayer-funded pensions. “Members of Congress should be held to a...

April 22, 2026

NewsPublic Pensions, US

October 2026

Military Retirees Block Nigerian Pensions Board Entrance In Abuja Over Alleged Unfair Adjustments

Wealthy French quit failing state schools squeezed by pensions and austerity

Workforce Turnover and Retention in the Public Sector: Insights from Public Pension Plans

Bank of Ghana personnel costs more than double to GH¢3.29bn in three years as staff numbers rise

September 2026

Natural Buyers? Pension Funds and Treasury Exposure

UK. Why civil service pensions have been delayed as backlog still over 30,000

July 2026

Retirement at Risk: The Political Economy of Public Pension Governance

June 2026

Economists Say Growing Government Pension Costs Are Putting Malaysia’s Economy At Risk

April 2026

Reform UK plans to scrap ‘gold-plated’ public sector pensions for new workers

US. Bipartisan Bill Seeks to Deny Pensions to Convicted Members of Congress