Tag: lost pension
Wouldn’t it be nice to find some money sitting in a long-forgotten retirement account somewhere? It’s not hard for workers to lose track of an old account as they move from employer to employer, often across state lines. Each state government keeps a repository of unclaimed property – most have been doing this since t…
The brief’s key findings are: Recent debates suggest that union power has led to higher public pension benefits. Interestingly, union strength appears to have no impact on the level or growth of benefits. Because pensions are legislated, not bargained, lobbying expertise may be more important than union size. In contrast, union strength does seem to…
