Tag: Pension Spending
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Pension Spending During Pandemic Supported $1.3 Trillion In Output, 6.8 Million Jobs, $157.7 Billion in Tax Revenue Across the U.S. Economy
Real Estate, Food Services, Health Care, and Retail Sectors Realized Biggest Employment Impacts WASHINGTON, Jan. 4, 2023 /PRNewswire/ — Economic gains attributable to private and public sector defined benefit pensions in the U.S. during the COVID-19 pandemic were substantial, according to a new report from the National Institute on Retirement Security (NIRS). Retiree spending of public and…