26 01, 2018

Public Pensions Are Delivering on Promises to Retirees, Annual NCPERS Study Shows

2018-01-26T16:47:13-08:00January 26th, 2018|Categories: Defined Benefit Plans|Tags: , |

Public retirement systems produced solid returns, kept a lid on expenses, and adopted more conservative investment assumptions during 2017, according to a wide-ranging annual study by the National Conference on Public Employee Retirement Systems. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20180124005871/en/ […]

13 05, 2015

Pension program changes hurt economy, NCPERS report warns

2015-05-13T16:15:53-07:00May 13th, 2015|Categories: Pension Reform|Tags: , , |

Some pension program changes, such as the shift to defined contribution plans from defined benefit plans, might be widening the income gap and dampening economic growth, said a new report from the National Conference on Public Employee Retirement Systems. There are conversations about income and equality, but few touch on the treatment of pensioners and how that contributes to income inequality, said Hank Kim, Washington-based, executive director and counsel at NCPERS and co-author of the report. […]

2 04, 2015

Pension Reform and Societal Cost

2015-04-02T23:24:42-07:00April 2nd, 2015|Categories: Pension Reform|Tags: , , |

The following is a letter by Hank Kim (NCPERS): Andrew Biggs misses the point in “Pension Reform Doesn’t Mean Higher Taxes” (op-ed, March 26). His arguments for switching public employees from traditional defined-benefit pension plans to 401(k) and other defined-contribution plans may be embraced by state and local governments that regularly don’t make required contributions to their pension plans and are now looking for a way out of the financial hole they’ve dug for themselves. It’s bad enough that he dismisses [...]