October 2026

US. Poverty Rates Continue to Climb for Older Adults

The poverty rate of people 65+ is the highest of all age groups and is growing, according to an AARP Foundation analysis of 2025 supplemental poverty rate data on older adults released by the U.S. Census. The report assessed Census data for adults aged 65+ along with those aged 50-64, as near-retirement poverty can portend poverty in retirement. AARP Foundation’s review, released in September 2026, found that adults aged 50+ have had an increase in poverty rates since 2019. Adults...

Fewer older Americans are working. Here’s one likely reason

Older Americans make up an ever-larger share of the workforce, a trend that dates to the 1990s. Over the past few years, however, the employment rate among older Americans has been falling. Or “collapsing,” as one report puts it. The share of Americans ages 55 and over participating in the labor force dropped from 39.2% in February 2022 to 36.9% in July 2026, according to data from the federal Bureau of Labor Statistics. In a brief Aug. 11 note, economists from Bank of...

September 2026

Fondos de pensiones de EE.UU. venderán $33 mil millones en acciones: Goldman

Los grandes inversores institucionales se están moviendo en diferentes direcciones esta semana, al cierre del mes, según el escritorio de operaciones de Goldman Sachs. Se proyecta que los fondos de pensiones de EE.UU. vendan aproximadamente $33 mil millones en acciones al cierre de septiembre, según indicó Goldman Sachs en una nota el lunes. Este flujo de ventas se ubica en el percentil 98 de los datos de la firma que se remontan al año 2000. Al mismo tiempo, los asesores de operaciones...

U.S. pension funds seen selling $33 billion in stocks in near-term: Goldman

Large institutional investors are moving in different directions this week as the month draws to a close, according to Goldman Sachs's trading desk. U.S. pension funds are projected to sell approximately $33 billion in stocks as September ends, Goldman Sachs said in a note Monday. This selling flow ranks in the 98th percentile of the firm's data dating back to 2000. At the same time, commodity trading advisors are positioned to buy around $11.5 billion in stocks globally if markets remain flat...

US. PRT Claims Against AT&T Dismissed, but Those Against State Street May Proceed

A Massachusetts federal judge on Monday ruled that claims against AT&T Inc. should be dismissed from a proposed class action lawsuit challenging the company’s $8.05 billion pension risk transfer to Athene Annuity and Life Assurance Co. U.S. District Judge Nathaniel Gorton followed the report and recommendation filed by Magistrate Judge Paul Levenson on August 31, which stated that claims against AT&T in the merged case Piercy et al. v. AT&T Inc. et al. should be dismissed on the grounds that...

US. 10 Million Seniors Live in Poverty—Even as They Hold Trillions in Housing Wealth

Older Americans are sitting on enormous amounts of housing wealth. At the same time, poverty among them is rising. About 10 million Americans aged 65 and older lived in poverty in 2025 under the Supplemental Poverty Measure, according to a new AARP Foundation analysis of U.S. Census Bureau data. Their poverty rate reached 15.4%—the highest of any age group. The findings clash with a familiar story about aging in America: Older generations have accumulated tremendous wealth, much of it in their...

PSCA’s Annual 401(k) Survey

By PSCA PSCA's Annual Survey of Profit Sharing and 401(k) Plans, now in its sixth decade, offers the most comprehensive look at the defined contribution industry. The annual survey is used by plan sponsors to benchmark their plans and ensure they are meeting participants' needs and creating a competitive benefit. It is also used by advisors and providers to help plan sponsors evaluate their plans and by legislators and government officials when evaluating the impact of new regulations. Get the report...

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...

The US homeless population is aging. Cities must brace for new challenges

As cities and counties struggle with upticks in homelessness, they’re facing yet another challenge: an aging population. By the mid 2030s, the U.S. will have more older adults than children for the first time in its history, the U.S. Census Bureau predicts. The fastest-growing group of people experiencing homelessness is those aged 65 and older, according to the Harvard Joint Center for Housing Studies. And as the oldest baby boomers turn 80 this year, the aging population is coming up against...

US. Public Pension Funds Commit $100B to Private Equity Strategies in 2025

Despite a slowdown in distributions from private equity funds to their limited partners, public pension funds are increasing their commitments to the asset class year-over-year. According to a report published this week by Nasdaq eVestment, public pensions committed $100.9 billion to private equity strategies in 2025, a 24% increase from $81.2 billion in commitments public pension funds made the year before. Through the first half of 2026, public plans had committed $31.9 billion to private equity. PE manager firm Advent International L.P.,...