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March 6, 2018: NCPERS News Clips
Posted On: Mar 06, 2018

News Clips for March 6, 2018


National News

The Real Reason the Investor Class Hates Pensions
     It's not about a funding crisis - it's about turning retirement savers into passive investors.

The end of the road for America's public pensions crisis?
     Two options remaining: implosion or reform.

How to Retire Without Running Out of Money
     Three men have a plan to save America from retirement insecurity. It involves the internet, a subscription service and, well, annuities.

State News

Unions prepare to lose in the courthouse and strike back in the statehouse
     The U.S. Supreme Court has yet to weigh in on a high-profile case that could slash the power of public-employee unions. But California labor leaders are already planning to push for new state laws to blunt the impact of an unfavorable ruling.

Ga. lawmakers say teacher pensions need fixing, just not now
     After agreeing over the past two sessions to pump nearly $600 million in extra payments into state teacher pensions, Georgia lawmakers have once again raised questions about the long-term prospects of the retirement system.

Kansas Lawmakers Look For More Revenue Sources
     Kansas lawmakers return to the Statehouse on Wednesday still facing the largest challenge of this year's session: balancing the budget and responding to a court order to spend more on schools.

Substitute Kentucky Pension Bill to Be Introduced
     Attorney General reveals letter citing 21 legal violations with bill hours before meeting.

New Jersey treasurer resets public pension rate of return
     New Jersey's treasurer said on Thursday she will increase the expected rate of return for the state's struggling public pension system from 7 percent to 7.5 percent, then lower it again over time.

PERS: Lawmakers pass bill to boost public pension contributions
     Oregon lawmakers passed a bill Saturday establishing two funds to help schools and other public employers defray their rising public pension costs, in part by incentivizing them to make extra, one-time contributions to pay down unfunded liabilities faster.

Canadian News

Monday strike deadline looms over Carleton University
     Union, university at odds over pension benefits


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