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April 10, 2018: NCPERS News Clips
Posted On: Apr 10, 2018

News Clips for April 10, 2018


National News

Stacking The Deck: How The Government Competes With Private Industry
     What if the government could offer services that directly compete with the private sector, subsidize the cost of the services with tax payer dollars, and mandate public participation?  And all those pesky regulations that take time and cost money?  What if the government could just adopt a resolution exempting itself?

How states are changing teacher pension plans
     Starting next year, new teachers hired in Kentucky probably won't get a traditional pension.
State News

Debate over $28.9B Colorado budget that invests in schools, roads and PERA begins in state Senate
     Senate takes up Colorado budget measure after its approval in the state House

Chicago Pension Law Struck Down by Court
     Fund must pay back participants three years' worth of extra contributions.

Kansas Senate leaders slam brakes on school finance work after House OKs plan
     Leading Senate Republicans blocked work on a school finance plan Tuesday, saying senators won't debate education funding until after lawmakers approve a polarizing constitutional amendment.

Kentucky lawmakers urged to fix pension bill vetoed by Gov. Matt Bevin
     Kentucky Gov. Matt Bevin has vetoed a bill that would help prevent communities across the state from busting their budgets next year.

Louisiana Proposes Pension Reform Bill
     Bill would raise retirement age and add defined contribution element to state pension plans.

Oklahoma teachers walkout extends into second week
     Oklahoma teachers will continue their walkout for a sixth day Monday, maintaining their pressure on state legislators for increased education funding.
Canadian News

Canadian pension funds still nearly 100% funded - 2 reports
     Canadian public and corporate defined benefit plans remained close to 100% funded in the first quarter 2018, although two reports showed plan funding went in slightly different directions.


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