91st Annual Convention
"Pensions & Politics:
The New Realities!"
October 5-9, 2013
Registration opens in June!!
Convention to be held in Washington, D.C., at the Omni Shoreham Hotel View more information
Archive: 90th Annual Convention
View Presentations and Committee Reports
Education at NCTR
26th Annual System Directors' Meeting
JUNE 24-25, 2013
The 26th Annual System Directors' Meeting will be hosted at the New York State Teachers' Retirement System.
Agenda Available! View Agenda
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13th Annual
Trustee WorkshopJULY 29-31, 2013
Presented in partnership with the Trustee Leadership Forum at the Initiative for Responsible Investment at the Hauser Center for Nonprofit Organizations at Harvard University.
Join your peers from across the nation for a three-day workshop for public fund Trustees.
Agenda Available! View Agenda
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NCTR's Executive Director's Message to the Membership
May 23, 2013
Thank You
to
Oklahoma’s Teachers
On Monday, May 20, 2013, we watched and learned in horror the destruction and devastation that the two mile wide tornado caused in Oklahoma communities.
Up until that time, it was a normal weekday with students filling classrooms and teachers doing what is expected of them, teaching the kids. We were quickly reminded that, in fact, teachers are everyday heroes, nurturing, growing and guarding our children. On Monday, the teachers became even more heroic. They were there protecting and comforting the terrified children as the tornado did its massive damage.
News accounts from the area tell us that teachers were using their own bodies to lie on top of their charges to protect, shield and comfort their frightened, terrified students. They were even willing to give their lives so the kids could survive. Five made the ultimate sacrifice.
Once again, we were reminded of the dedication and sacrifices teachers make every day. They exemplify what it means to be selfless. The courage of the Oklahoma teachers in the face of tragedy is an inspiration. NCTR is proud of them.
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Member Information
Member Newsletter
First 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
PEPTA
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
The Public Employee Pension Transparency Act
Co-Sponsor Letter
Twenty-one National Organizations’ Letter to Former Cosponsors of PEPTA Read letter
Member News:
CalSTRS - Divestment from Firearms Companies
The California State Teachers’ Retirement System (CalSTRS) Investment Committee approved the fund’s divestment from firearms companies that manufacture weapons that are illegal in California. Read more and view video
Pension Fund
Job Opportunities
Pension Fund job postings view...
Federal Governmental Relations
Federal E-News Blog
Maintained by NCTR's Director of Federal Relations View blog
Federal Webinar Scheduled!!
June 20; 3pm-4pm (ET)
CLICK HERE TO REGISTER
After years of consideration, debate, and controversy, new pension accounting standards issued by the Governmental Accounting Standards Board (GASB) are finally here. GASB Statement No. 67, “Financial Reporting for Pension Plans,” takes effect for pension plan fiscal years beginning after June 15, 2013 (fiscal years ending on or after June 30, 2014).
While much attention has been given to the political consequences of these changes, there are also a multitude of practical effects on plan policies and procedures that will result. What are some of these, what do they portend, and how are public plans, their boards, and their staff dealing with them? For answers to these and other important questions concerning the implementation of the new GASB rules, be sure to join Leigh Snell, NCTR’s Director of Federal Relations, and his special guests, Rob Wylie, Executive Director of the South Dakota Retirement System; Paul Zorn, Director of Governmental Research for Gabriel, Roeder, Smith & Company (GRS), and Karl Greve, Chief Financial Officer at Colorado PERA, on Thursday, June 20, 2013, at 3:00 PM EDT.
This webinar is intended to stay out of the technical weeds regarding the GASB changes and focus more on the procedural challenges that are presented to NCTR embers. Register now, as attendance is limited.
Federal Update
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
"PENSION FUNDING:
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...
Pension Dialog
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 ...