NCPERS News Clips

4/27/2010

News Clips for April 27th, 2010

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• Miss. lawmakers mull change in pension fund
  Mississippi lawmakers on Thursday began a special session within their regular session to consider a public employees' pension change sought by Republican Gov. Haley Barbour.
• Largest pension plans' funding improves: Analysis
  The funding levels of pension plans among large publicly held U.S. employers improved slightly in 2009 due to strong investment returns, according to a survey released Tuesday.
• City Pension Reform Bill Introduced
  The fight for pension reform in Baltimore is officially before the City Council after a bill was introduced Monday night, and it pits city police and firefighters against City Hall.
• California Pension Plan Would Vest 10 Years Later
  New California public employees would have to work 10 years longer to qualify for pensions under a plan by the state Senate's top Republican to shave $110 billion off retirement costs over the next three decades.
• Report: Ind. Far Short of Funding Teacher Pensions
  Indiana is among the nation's five most underfunded teacher pension programs, with the assets to cover just over a third of the benefits it owes by state law, according to a report released this month by school-choice advocates.
• Opinion: Defined benefit vs. defined contribution
  In recent months, media reports have focused on the viability and future of Pennsylvania's public employee pension systems.
• NCPERS Response: "Pension costs swell Grand Rapids city budget deficit"
  NCPERS Response: "Pension costs swell Grand Rapids city budget deficit"