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Last week the House and Senate failed to agree even to create a commission to make recommendations regarding pension reform. As I set out to write this piece, I found the different plans and their costs and benefits pretty confusing. Before I could get myth-busting, I needed to learn the basics. I thought I’d lay […]
Last week, a State Senate bill that initially sought to replace New Hampshire’s defined benefit (DB for short — think pension) plan with a defined contribution plan (DC for short — think 401(k)) dissolved into a stalemate.  The Senate and House were not even able to form a commission to make recommendations addressing the state’s $4.2 billion in unfunded […]
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