State Sponsored Plans

State Sponsored Plans

State Sponsored Plans

By John Iekel1/19/2017 • 0 Comments

The Oregon State Treasury has updated proposed rules for the Oregon Retirement Savings Plan. READ MORE

By John Iekel1/9/2017 • 0 Comments

In the second of a two-part series, several experts tell us that MEPs, state plans and financial education are areas in 2017 in which the exuberance of the start of a new year will be especially pronounced. READ MORE

By Nevin Adams 12/20/2016 • 0 Comments

The Department of Labor (DOL) has made some changes to the final regulations regarding state-run retirement programs for private sector workers — specifically regarding those established by “state political subdivisions.” READ MORE

By NTSA Net Staff11/15/2016 • 0 Comments

The Arizona Supreme Court on Nov. 10 ruled that a measure enacted in Arizona in 2011 that altered the retirement plan for state elected officials, including judges, violates the state constitution. READ MORE

By Ray Harmon10/31/2016 • 0 Comments

A last-ditch agreement between the Keystone state’s Democratic governor, Tom Wolf, and Republican legislators to reform the state’s pension plans failed by a three-vote margin last week, and the legislature is expected to kick the can into 2017. READ MORE

By NTSA Net Staff10/14/2016 • 0 Comments

They may not have very much in common, but the two major party presidential candidates seem to be on the same page when it comes to state-run auto-IRA programs. READ MORE

By NTSA Net Staff10/12/2016 • 0 Comments

State pension plans’ unfunded liabilities are on track to grow to $1.75 trillion, says Moody’s Investors Service, which said on Oct. 7 that it expects state public pensions to grow by 40% to that amount through fiscal 2017. READ MORE

By Nevin Adams10/10/2016 • 0 Comments

New York City Comptroller Scott M. Stringer has unveiled a new city-run retirement plan for private sector workers — including a city-sponsored multiple employer plan (MEP). READ MORE

By Andrew Remo9/30/2016 • 0 Comments

Another state-run retirement program for the private sector is now on the books. READ MORE

By Ray Harmon9/29/2016 • 0 Comments

Two bills that would facilitate reform of New Jersey’s public pension plans are now before the state Senate. READ MORE

By NTSA Net Staff9/28/2016 • 0 Comments

On Sept. 27, the American Retirement Association Government Affairs Committee filed a comment letter on a proposed regulation that would expand the non-ERISA safe harbor to payroll deduction savings arrangements mandated by the laws of certain political subdivisions within a state. READ MORE

By Ray Harmon9/23/2016 • 0 Comments

In an email to participating RIAs in North Carolina’s Total Retirement Plan 403(b) Program on Sept. 16, the State Treasurer’s office announced that it is changing its contract for record-keeping services. READ MORE

By NTSA Net Staff8/26/2016 • 0 Comments

A new report finds a nice improvement in public pension plan funding in fiscal 2014 — but cautions that things may have slipped since. READ MORE

By Andrew Remo8/26/2016 • 0 Comments

Four years after enactment of the California Secure Choice Retirement Savings and Trust Act (S.B. 1234), the California Assembly passed legislation Aug. 25 approving the program’s implementation beginning Jan. 1, 2017. READ MORE

By Nevin Adams 8/25/2016 • 0 Comments

The Department of Labor’s (DOL) final rule outlining the circumstances in which state retirement savings programs would not be treated as creating ERISA-covered pension plans is out. READ MORE

By NTSA Net Staff8/16/2016 • 0 Comments

In MarketBeat, Susan Diehl writes that the new proposed regulations for 457 plans and for profit-companies’ top-hat plans under Internal Revenue Code Section 409A made expected changes and discusses what the regs mean. READ MORE

By Ray Harmon8/9/2016 • 0 Comments

The Republican-led Pennsylvania General Assembly passed a final budget and Gov.Wolf (D) allowed it to become law; however, pension reform legislation is now on hold until the fall. READ MORE

By NTSA Net Staff8/5/2016 • 0 Comments

Public pension plans face sobering liabilities, and recently released data provides a look at funding and also where the states stand. READ MORE

By Nevin Adams 7/28/2016 • 0 Comments

State-run retirement programs for the private sector — and those who might be affected by them — could soon get some additional clarity from the Department of Labor (DOL). READ MORE

By NTSA Net Staff7/21/2016 • 0 Comments

According to a new report by the National Association of State Retirement Administrators, state and local governments’ contributions are now at the highest level they have been since the economy’s recent nadir. READ MORE

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