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System Director’s Meeting—Register Now!

June 7-9: System Directors’ Meeting
Agenda  


July 26-29: Trustee Workshop
Preliminary Agenda


Listen to NCTR Federal Webinar (4/30/15):
GASB Definition of Employer Compensation


Senator Orrin Hatch:
A letter from NCTR Executive Director Meredith Williams

April 28, 2015. On behalf of the National Council on Teacher Retirement (NCTR) and the National Conference on Public Employee Retirement Systems (NCPERS), representing the majority of state and local government retirement system participants, we congratulate you on your chairmanship of the Senate Finance Committee.  We look forward to working with you in the new Congress on issues related to one of the most important challenges that the nation faces:  the retirement security of the American people, whether publically or privately employed.

In this regard, we want to assure you that the state of public pensions is strong, and growing stronger every day.  For example, according to the recent “Wilshire 2015 Report on State Retirement Systems: Funding Levels and Asset Allocation,” the funding ratio for the 131 state-sponsored defined benefit retirement systems covered in its study was 80 percent in 2014, up from 74 percent in 2013.  Read more.


The Pew Center on the States:
A letter from NCTR Executive Director Meredith Williams

February 23, 2015. Re: Research on state plan funding levels for 2013. On behalf of the National Council on Teacher Retirement (NCTR) and the 68 state, territorial and local pension systems that it represents, I am writing with reference to your research on state plan funding levels for 2013, which I understand will be used to produce a “fact sheet” similar to your March 2014 release entitled The Fiscal Health of State Pension Plans: Funding Gap Continues to Grow that was based on 2012 data.

NCTR is concerned with this project and the manner in which it is being conducted for several reasons.  Read more.


Arnold Foundation to Launch Major National Communications Campaign Targeting Public Pensions

September 19, 2014. “This new national campaign represents a very alarming escalation of the Arnold Foundation’s drive to destroy the current, cost-effective public sector pension model, built around the goal of an adequate, affordable, modest retirement benefit that a retiree cannot outlive,” said Meredith Williams, the Executive Director of the National Council on Teacher Retirement (NCTR). Williams pointed out that the Arnold Foundation’s aim was to use this massive new PR initiative to replace the existing public pension model with an accrual or savings rate “that, in reality, provides no assurance of any retirement benefit, adequate or otherwise.” View RFP


The Pew Center on the States: A letter from Executive Director, Meredith Williams

August 12, 2014. On behalf of the National Council on Teacher Retirement (NCTR) member systems that the Pew Charitable Trusts has contacted regarding its research on state public pension fund investment performance, I would like to thank you for extending an invitation to our members to collaborate on this project.

NCTR’s member systems are happy to assist with your research efforts, and are very interested in providing information that will produce a comprehensive, factually sound narrative of what is often a misrepresented and misconstrued subject matter. In this regard, I am certain that we are in agreement about the importance of both capturing and representing data and information accurately, so I would like to bring to your attention several concerns our members have with your initial approach to this project. Read more.

Minnesota TRA Board Adopts Resolution

Executive Director Meredith Williams received a resolution on behalf of the Minnesota TRA Board for remaining “steadfast in his support and protection of the retirement security interests of active and retired public teachers nationwide!” Read more

CalSTRS – Global Reporting Initiative (GRI)

See CalSTRS cutting edge efforts in increasing their sustainability efforts with staff as part of their strategic plan. CalSTRS is working towards being the first U.S. public pension plan to be a GRI entity.
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