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March 25, 2014: NCPERS News Clips
Posted On: Mar 84, 2014
News Clips for March 25, 2014
NCPERS News
Robert Wilson & the 2014 Annual Conference
Robert Wilson, with the Missouri Local Government Employees Retirement System, discusses his presentation on Re-framing the Debate: Communicating the Real Value of Public Service at the 2014 Annual Conference & Exhibition in Chicago, IL. You can hear him speak on Wednesday, April 30th at 9:30am
The aggregate funding ratio of the 100 largest publicly traded corporate pension plans grew to 89% from 77% in 2013, according to a report from Towers Watson. (Subscription Required)
Why employee pensions aren't bankrupting states
From state legislatures to Congress to tea party rallies, a vocal backlash is rising against what are perceived as too-generous retirement benefits for state and local government workers. However, that widespread perception doesn't match reality.
Jacksonville's Retirement Reform Task Force presented their final recommendations for solving the city's pension troubles to top officials yesterday, but a consensus among those officials is unlikely.
Why Foundations of Iowa, Many State Pension Systems are Strong
The broom of the system
BRUCE RAUNER, a wealthy venture capitalist, won the Republican gubernatorial primary in Illinois last week.
Pension benefits increase passes first legislative hurdle
Public pensioners in Louisiana are on the road to receive their first benefits increase in more than five years under legislation approved by the Senate Retirement Committee on Monday (March 24).
Snyder, Orr strike upbeat note about Detroit at NYC policy forum
Gov. Rick Snyder and Emergency Manager Kevyn Orr offered an upbeat assessment of Detroit's future during a policy forum Monday in New York City, saying bankruptcy offers a chance for the struggling city to reinvent itself.
Governor's fiscal maneuver helps plug current budget gap, but putting $900 million less into pensions over next four years will make unfunded liability worse
A stable and durable public pension system, efficiently managed and funded, is important to employees, employers, the state, and the economy. In Iowa and most states, public-sector pension systems remain strong and healthy.
