Public Pensions Archives - Pension Policy International

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

17AprApril 17, 2026

Canada. Thousands of federal workers seek early retirement

About 4,600 federal public servants have applied for an early retirement package since the application window opened last month, as the Canadian government moves to reduce the size of its workforce by 2029, according to a government official. Mohammad Kamal, director of communications for Treasury Board president Shafqat Ali, told CTV News Ottawa on Wednesday that applications have been coming in since the process opened on March 27. Public servants have until July 24 to apply for the Early Retirement...

April 17, 2026

NewsCanada, Public Pensions

07AprApril 7, 2026

The UK needs a big debate on the sustainability of TPS for post-92s

The recent rise in employer contributions to the Teachers’ Pension Scheme (TPS) to 28.68 per cent – almost double that of the Universities Superannuation Scheme (USS) – presents a genuine and growing challenge for institutions legally required to offer it. We absolutely agree that university staff deserve competitive salaries with generous benefits and high-quality pensions. The question is how universities can sustain that commitment responsibly at a time when all universities are facing financial challenges for a variety of well-documented reasons. Urgent action is needed, and many universities are looking...

April 7, 2026

NewsPublic Pensions, UK

20MarMarch 20, 2026

US. How Pension Funds Can Support Growth and Build an Economy That Benefits Workers

Private equity firms have increasingly come under fire for actions that are making life more difficult and unaffordable, such as driving up the prices of single-family homes, closing hospitals that aren’t profitable enough, and laying off workers at companies they have purchased. New efforts by public pension funds are hoping to counter these bad practices and instead promote investments that benefit communities and workers. Public pension funds have the ability to drive investment in our economy to promote shared prosperity while seeking competitive risk-adjusted returns....

March 20, 2026

NewsCorporate Governance, Investment, Public Pensions

17MarMarch 17, 2026

US. How every state’s public pension system ranks

Reason Foundation’s 2025 Pension Solvency and Performance Report ranks every state’s pension system across five dimensions—funded status, investment performance, contribution adequacy, asset allocation risk, and the probability of meeting assumed returns—based on the latest fiscal year data from nearly every major plan in the country. The sections below summarize the strongest and weakest performers in each category. For each state, the results reflect the aggregate values of its major pension systems, including plans administered at both the state and local...

March 17, 2026

NewsFunding, Public Pensions, Sustainability, US

20FebFebruary 20, 2026

Mission Driven Public Sector Pension Investment Board

By PSP Investments Our mission inspires us. Together with our mandate. it shapes how we invest. We focus on the long term and seek to caretully consider sustainability-related risks and opportunities that may affect long-term value creation and the resilience of our portfolio. We are progressively embedding accountability for sustainability across the organization. As we proceed, we are learning and evolving our strategies with the aim of reaching better investment outcomes and improving our ability to deliver on our mandate. This report...

February 20, 2026

Books, Books, Pension Management, Reports2025, Public Pensions, Sustainability

18FebFebruary 18, 2026

Sri Lanka ends parliamentary pensions to prune perks for politicians

Sri Lanka’s parliament abolished pensions for all legislators and their widows on Tuesday, in line with a government pledge to prune the perks of politicians. “When people see the quality of debate and what members say in this House, they don’t think MPs deserve a pension,” Justice Minister Harsana Nanayakkara told parliament as it voted to stop pensions with immediate effect. The leftist government of President Anura Kumara Dissanayake repealed the 49-year-old Parliamentary Pensions Act just months after withdrawing housing, vehicles and...

February 18, 2026

NewsPublic Pensions, Sri Lanka

06FebFebruary 6, 2026

Public Pensions and the Strategic Timing of Formal Employment

By Diego Vera Cossio, Mariano Bosch, Jonathan M. Leganza, Tatiana Mojica & María Laura Oliveri We study how public pensions impact lifecycle labor supply decisions. Our analysis centers on pension eligibility rules in Ecuador. We first use administrative data to document and unpack retirement spikes at eligibility ages. Next, we use survey data and regression discontinuity to investigate whether eligibility rules influence earlier-inlife decisions about when to work formally versus informally. We find discontinuous increases in transitions to formal employment...

February 6, 2026

Articles, Pension design2026, Informal Sector, Labor Market, Public Pensions, Social Security

30JanJanuary 30, 2026

US. Congress Racing to Avoid Shutdown: What It Means for Retirement Plans

President Trump and Senate Democrats reportedly reached a funding agreement on Thursday night to avoid a partial government shutdown, but a lot of elements need to fall into place in a very short period to avoid a shutdown. According to Politico, Trump and the Democrats have agreed to separate out the Department of Homeland Security (which includes Immigration and Customs Enforcement) from the larger spending bill moving through Congress, and approve that bill, along with a short-term continuing resolution to...

January 30, 2026

NewsPublic Pensions, Social Security, US

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

Canada. Thousands of federal workers seek early retirement

The UK needs a big debate on the sustainability of TPS for post-92s

March 2026

US. How Pension Funds Can Support Growth and Build an Economy That Benefits Workers

US. How every state’s public pension system ranks

February 2026

Mission Driven Public Sector Pension Investment Board

Sri Lanka ends parliamentary pensions to prune perks for politicians

January 2026