skip to main content
skip to newscasts

Friday, April 26, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Women's Wage Gap Linked to Retirement Insecurity

play audio
Play

Wednesday, March 17, 2021   

DENVER - Women in Colorado earn 80 cents for every dollar a man makes, and that wage gap plays a deciding role in how and when women can securely retire.

Jennifer Norr, president of the Women in Pensions Network, said women more often work part-time jobs than men, making them less likely to have a retirement plan through the workplace. Women also are more likely than men to leave the workforce to care for children or other family members, which Norr said impacts their ability to save for retirement.

"They don't make as much as men, they're currently paid about 80 cents on the dollar, and that's worse for women of color," she said. "It's all the more reason why women need resources like pensions so that they can retire with dignity."

Companies that offer retirement benefits largely have abandoned pensions over the past decades, in favor of lower-cost contributions to individual retirement accounts including 401(k)s, with values linked to the stock market. Norr said any form of retirement savings can help keep women out of poverty in their sunset years, but noted that pensions provide a stable, guaranteed source of income.

Female employees make up 60% of the public-sector workforce, and Daniel Doonan, executive director of the National Institute on Retirement Security, said most city, county, state and federal jobs come with a defined-benefit pension: You earn the benefit during your career, and upon retirement, that benefit is paid out through your lifetime.

"If you retire at 65, you'll receive a monthly check for the rest of your life," he said, "and you may also have a spousal benefit, if you pass away and your spouse continues living."

He added that women also experience higher health-care and housing costs in retirement, since they live longer than men, putting women without pensions at greater risk of outliving their savings. In a 2020 survey, two-thirds of older people reported they're more afraid of running out of money in retirement than death.


get more stories like this via email

more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Jane Kleeb is director and founder of Bold Alliance, an umbrella organization of Bold Nebraska, which was instrumental in stopping the Keystone Pipeline. Kleeb is also one of two 2023 Climate Breakthrough Awardees. (Bold Alliance)

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Legislation to curtail the union membership rights of about 50,000 public school educators in Lousiana has the backing of some business and national conservative groups. (wavebreak3/Adobe Stock)

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021