4 Ways Pensions Stimulate the Economy.

The National Institute for Retirement Security “Pensionomics” series put these numbers to the economic benefit of pensions:

• $1.2 trillion in total economic output (2014)
• 7.1 million jobs supported by pension spending
• $190 billion in federal, state and local taxes on pension benefits
• $1 of pension benefit creates $2.21 in economic activity

The National Institute for Retirement Security | “Pensionomics” series

Forbes | Do Public Employee Pension Benefits Stimulate the Economy?