MARK YOUR CALENDAR!
92nd Annual Conference
October 11-15, 2014
NCTR looks forward to bringing our membership together once again View 2014 Conference Information
The 91st Annual Conference was a huge success! View more...
Membership with NCTR
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Third Quarter 2013 read more...
NCTR's Principles and Positions
The National Council on Teacher Retirement (NCTR) believes that all Americans should have access to a pension plan that will provide adequate and reliable retirement security. View NCTR's Principles and Positions
NCTR Weighs In
The National Council on Teacher Retirement issued the following statement in response to Congressman Devin Nunes' introduction of the Public Employee Pension Transparency Act (PEPTA) View Press Statement
NCTR Executive Director, Meredith Williams, shares concerns to Hazel Bradford, reporter for Pensions&Investments Read article
NCTR Talking Points
Twenty-one National Organizations’ Letter to Former Cosponsors of PEPTA Read letter
Pension Fund job postings view...
NCTR's Executive Director's Message to the Membership
Schools are back in swing across the country. And we are reminded that teachers not only educate our children, but continually look out for their health and welfare. Certainly over the past year, we’ve had all too many instances where it’s become evident that educators and school support personnel set a high priority on caring for their charges. Faced by the most daunting circumstances—from natural disasters to criminal acts—time and again, we’ve witnessed these dedicated individuals go above and beyond the typical classroom and campus responsibilities.
In December 2012, the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut, ended the life of six-year-old Ana Grace. A remarkable essay by Ana Grace’s mother, Nelba Marquez-Greene, was published online by Education Week on September 6, 2013. In “A Sandy Hook Parent’s Letter to Teachers,” Ms. Marquez-Greene reflects on the day itself and its aftereffects on their family. But the focus of her profound piece is to credit, thank, and encourage—those at Sandy Hook, as well as everywhere.
“When you Google ‘hero,’” she writes, “there should be a picture of a principal, a school lunch worker, a custodian, a reading specialist, a teacher, or a bus monitor. Real heroes don’t wear capes. They work in America’s schools.”
We couldn’t agree more.
Next month, those of us fortunate enough to work on behalf of those school heroes will gather in Washington, DC, for the NCTR 91st Annual Conference. The conference is an opportunity for our members to learn how to further protect the safe and secure retirement that teachers are due once they determine their classroom work is done. There are many threads to maintaining a reliable pension fund. Conference topics will range from the role of social media to preparing for GASB, from cultivating successful working relationships to navigating the Affordable Health Care Act. We’ll also examine the latest legislation, and delve into maintaining continuity in the midst and aftermath of super storms or computer hacking.
I’m sure you have a teacher whose name you’ll never forget. Perhaps he or she introduced you to reading, dragged you through a particularly tough mathematics course, or helped you discover your life’s calling. We all have at least one favorite—one we’ll remember to the end of our days. Briefly stated, teachers impact lives forever.
It is our honor, our privilege, to serve those who selflessly give their all to our children. I look forward to furthering our efforts as we gather next month in DC. See you in October!
Federal Governmental Relations
Federal E-News Blog
Maintained by NCTR's Director of Federal Relations View blog
Detroit Bankruptcy Facts
As the Court continues to make decisions regarding the City of Detroit's filing for bankruptcy protection, it has become clear that there are a number of misconceptions related to municipal bankruptcy, including how the City came to these circumstances, the funding status of the City's pension plans, and whether Federal intervention is either warranted or appropriate. Read more
New Pension Numbers for Books, Budgets, and Bonds
The new world of understanding public pension data has become more complex, as GASB, the rating agencies, and governments themselves may all be using different sets of pension numbers for different purposes. NCTR and other leading national associations representing state and local governments, agencies and officials, have developed a one-page summary to help understand the differences among these numbers, how each has its own intended purpose and audience, and new resources available to lawmakers to address pension funding. View
NCTR, OTHER NATIONAL PUBLIC SECTOR ORGANIZATIONS
FILE COMMENTS ON TAX REFORM
NCTR and eight other national organizations representing state and local governments, officials and public retirement systems filed comments on April 15, 2013, with the House Ways and Means Committee’s Working Group on Retirement/Pensions, urging them to “do no harm” to the current system of support for employer-provided retirement plans as they consider possible reforms of the Federal tax code. View comments
Bipartisan Tax Reform Working Group on Pensions/Retirement Created
House Ways and Means Committee Chairman Dave Camp (R-MI) and the Ranking Democratic on the Committee, Sander Levin (D-MI), have announced the formation of bipartisan tax reform working groups, the purpose of which will be fact finding and information gathering about present tax law. There will be 11 subject area groups, including one for “Pensions/Retirement.” One Republican Member and one Democratic Member will be named to lead each group, but all of the groups will be open to all of the Committee Members. For the Pensions/Retirement Group, the Republican leader will be Pat Tiberi (R-OH) and the Democratic leader will be Congressman Ron Kind (D-WI). read more...
Links of Interest
A Guide for Elected Officials" is a Report from the Pension Funding Task Force 2013 view report
Moody's Request for Comment by
Cavanaugh Macdonald Consulting, LLC read more...
Senator Harkin: NCTR's Executive Director commends the Senator on his latest report "The Retirement Crisis and a Plan to Solve It” read more...
House, Senate Vote to Repeal 3% Withholding Law; Treasury, IRS move to Define “Governmental Plan”, and Teacher Benefits Under the Microscope read more...
NCTR's Members' Response to GASB Exposure Draft read more...
More Faulty Pension Analysis Unhelpful to State and Local Recovery Efforts read more...
This blog sets out to share facts, critique reports and studies, examine proposed policies and legislative actions, and look at media stories. read more...
Public Fund Survey
An online compendium of key characteristics of 100 public retirement systems that administer pension and other benefits view.
Public Plans Database
Center for State & Local Government Excellence view database ...