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Statements

 

RESPONSES TO 2003 WILSHIRE REPORT ON STATE RETIREMENT SYSTEMS:
NCTR Response to 2003 Wilshire Report and Gabriel, Roeder, Smith & Company Letter
Expressing their concerns regarding certain conclusions drawn in the 2003 Wilshire Report on State Retirement Systems, both NCTR and Gabriel, Roeder, Smith & Company wrote responses to Robert Nesbitt, Sr. Managing Director of Wilshire Associates, Inc.

In general, they believe the report's alarmist tone, selective use of statistics, and use of technical terms without better explanation paints a misleading picture of state and state teacher retirement plan funding. Consequently, its findings can be easily interpreted as suggesting the plans are in dire financial condition - as was reported by the Washington Post and Chicago Sun-Times.

 

OPPOSITION STATEMENTS CONCERNING "PENSION LIBERATION: A PROACTIVE SOLUTION FOR THE NATION'S PUBLIC PENSION SYSTEMS," BY PETER J. FERRARA FOR THE AMERICAN LEGISLATIVE EXCHANGE COUNCIL (ALEC), 1997 AND 1998:
Thomas J. Cavanaugh Letter and W. Michael Carter Letter

 

ADDRESSING RISK: ENDORSED BY NCTR, NASRA, GFOA, AND NCPERS - 2000:
Public Pension Systems: Statements of Key Investment Risks and Common Practices to Address Those Risks

 

SEC'S PROXY ACCESS PROPOSAL:
NCTR AND NASRA MEMBERS WRITE IN FAVORE OF PROXY ACCESS PROPOSAL, 12/22/09