Public Employee Pension Systems

This station houses posts and commentary about the challenges facing state and municipal DB pension plans — funding, municipal bankruptcies, litigation, etc.




Public Employee Pension Systems

Public Employee Pension Systems

By Joseph Caruso4/3/2018 • 0 Comments

State of the State Houses provides the status of legislation relevant to NTSA members that is before legislatures in Alaska, California, Colorado, Illinois, Kentucky, Maryland, New York and the District of Columbia.


By John Iekel 1/2/2018 • 0 Comments

The Center for State and Local Government Excellence has gazed into its crystal ball and reflects on trends to watch in 2018 regarding state and local governments’ retirement plans. READ MORE

By John Iekel 1/2/2018 • 0 Comments

A look at the nuts and bolts of Iowa's supplemental 403(b) program provides a close look at what such a program can entail.

By John Iekel 12/19/2017 • 0 Comments

Officials from the Iowa Public Employees’ Retirement System appeared before the Iowa Legislature’s Public Retirement Systems Committee on Dec. 18. READ MORE

By John Iekel11/21/2017 • 0 Comments

Kentucky Gov. Matt Bevin (R) has unveiled a proposal to shift the Teachers’ Retirement System from the current DB system to a DC-based system; a recent actuarial analysis suggests the proposed changes may not be a panacea. READ MORE

By Brent Neese10/30/2017 • 0 Comments

After significant deliberation with NTSA and other stakeholders over the last several months, the Texas Teachers Retirement System Board unanimously passed new 403(b) rules that will be fully effective on Oct. 1, 2019. READ MORE

By Ray Harmon9/12/2017 • 0 Comments

The Teacher Retirement System (TRS) of Texas appears to be revising its recently proposed amendments to rules governing fees in Texas 403(b) plans. READ MORE

By Ray Harmon, John Iekel7/11/2017 • 0 Comments

The NTSA and the ARA have filed a letter with the Board of Trustees of the Texas Teacher Retirement System about its proposed rule concerning companies that offer voluntary 403(b) investment options to public school employees in Texas and their fees. READ MORE

By John Iekel6/19/2017 • 0 Comments

The Carolinas share a border, a name, and a need to address problems with their state pension plans; however, their problems are as different as north is from south. READ MORE

By Ray Harmon6/8/2017 • 0 Comments

Both chambers of the Pennsylvania legislature have passed Senate Bill 1, a measure that seeks to ease the state’s unfunded pension liability. READ MORE

By NTSA Net Staff5/30/2017 • 0 Comments

Connecticut Gov. Dannel Malloy (D) has unveiled proposals for changes to the state retirement plan that would affect both current and future state employees. READ MORE

By John Iekel5/19/2017 • 0 Comments

The Illinois House Personnel and Pensions Committee on May 16 passed bills that would expand retirement plan coverage and change public pension plan funding and how payments are made. READ MORE

By Nevin Adams5/18/2017 • 0 Comments

No sooner had the Senate voted to unwind the safe harbor exempting state-run auto-IRA programs from ERISA, than a pair of Senate Democrats introduced legislation to restore it. READ MORE

By John Iekel5/17/2017 • 0 Comments

The Pennsylvania Independent Fiscal Office has concluded that a bill that would change the financing of the state retirement plan for school employees would change its financing but would leave benefit provisions intact. READ MORE

By Ray Harmon5/11/2017 • 0 Comments

Iowa Gov. Terry Brandstadt (R) signed HF 569 into law on May 9, opening the state teachers’ 403(b) plan to greater competition. READ MORE

By NTSA Net Staff4/24/2017 • 0 Comments

The Texas Public Employee Retirement Systems (TEXPERS) has released a report on the results of the strategies its local systems have followed for allocation and investment of assets. READ MORE

By Andrew Remo3/30/2017 • 0 Comments

The U.S. Senate has passed a Congressional Review Act resolution that would block the Obama-era DOL rule that defined the terms under which cities and counties could create IRA plans that automatically enroll private-sector workers whose employers do not offer a retirement plan. READ MORE

By Ray Harmon3/28/2017 • 0 Comments

More than 50 bills will be heard for the first time in the Illinois House Personnel and Pensions Committee on March 30; they include measures that would affect state and local retirement plans. READ MORE

By John Iekel2/28/2017 • 0 Comments

Public pension plans across the country face many challenges, to put it mildly — and among them, says a recent report, are the investment return assumptions for those plans. READ MORE

By John Iekel12/7/2016 • 0 Comments

A new study discusses inconsistencies entailed in providing services to governmental retirement plans as well as the antidote to that and to lackluster participation and deferral rates. READ MORE

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