Strategic Planning

VISION STATEMENT

A strong and secure retirement future for all teachers and educational employees.

MISSION STATEMENT

The mission of the National Council on Teacher Retirement (NCTR) is to be THE Resource for fostering partnerships, providing training and pension advocacy for the educational community.

CORE VALUES

  • Integrity: Conduct business in an open, honest, ethical, and professional manner.
  • Dedication: Be diligent at all times in our efforts to achieve organizational goals.
  • Excellence: Exceed the expectations of our members.
  • Diversity: Promote diversity in membership, governance structure and assure equal access and opportunity to all.
  • Collaboration: Promote engagement, cooperation and partnerships to achieve retirement security for educators and other public employees.
  • Adaptability: Open to change–having the will, emotional tolerance and mental fortitude to face uncertainty and press on.

Strategic Plan

INTRODUCTION

The Strategic Plan serves to guide the work of all NCTR committees, staff, and contractors. It established clear objectives and strategies that we continually strive to achieve.

The format of the Strategic Plan has been designed to facilitate both the monitoring of success throughout the implementation of the Plan and the development of modifications, as may be necessary.

The purpose of the Strategic Plan is to enable NCTR to advance its position as an independent organization dedicated to safeguarding the integrity of public pension systems and to facilitate the goals set forth in the Mission and Vision statements, while ever mindful of the Core Values.

GOALS & OBJECTIVES

ORGANIZATION

Evaluate all administrative practices, procedures; and adopt organizational strategies to achieve our goals. Implement and maintain exemplary governance practices, protect and strengthen our fiscal integrity.

Membership

  • Develop programs in response to the needs of its member systems, its corporate members, and all public pension plan stake holders.
  • Develop and implement a marketing plan that will strengthen its name and broaden its opportunities to promote membership among all public pension plan stakeholders.
  • NCTR will encourage the exchange of ideas, concerns, and comments from its stakeholders through the Executive Committee, Special and Standing Committees, and/or the Executive Director.
  • NCTR will promote its mission and seek opportunities to develop relationships with retirement-related academic research institutions and both national and international public retirement systems/organizations.
  • NCTR will reinforce an organizational culture and environment that encourages diversity and provides leadership opportunities for all.

PROMOTING EFFECTIVE GOVERNANCE

  • NCTR will promote effective governance and benefits administration in public pension systems.
  • NCTR will seek input from its members for the purpose of defining their information needs.
  • NCTR will develop projects and initiatives responding to the needs of its members and the broader public pension community with common interests.
  • NCTR will establish special committees, as needed, to develop recommendations and suggest policies on such matters as it is determined to be in its best interests.
  • NCTR will explore opportunities to collaborate with other organizations for initiatives and/or projects on matters of common concern to the public pension plan community.

PROVIDING SERVICES AND EDUCATION

  • NCTR will continue to develop, improve, and maintain a high performing and secure technology infrastructure that supports the delivery of timely and efficient services to the membership.
  • NCTR will continue to expand and enhance its communications program and its efficiency in rapidly delivering pertinent information to its members.
  • NCTR will continue to enhance the quality of its education offerings and seek to identify areas of need.
  • NCTR will continue to offer an educational conference for system trustees, and have trustees participate in the development of the curriculum.
  • NCTR will continue to offer an educational conference for system administrators, and have administrators participate in the development of the program.
  • NCTR will continue to develop and implement professional development programs for member-systems’ staff.
  • NCTR will continue to conduct an annual conference and take actions appropriate to encourage the attendance of the membership and the public pension community.

PROTECTING RETIREMENT SECURITY

  • NCTR will continue to maintain and further develop a comprehensive plan for identifying and responding to policy and political issues within the Federal Government.
  • NCTR will continue to refine and develop its capacity to serve as a resource to assist in identifying and responding to policy and political issues in State and Local Government.
  • NCTR will continue its commitment to a comprehensive Federal legislative program by:
    • Maintaining a Federal Governmental Relations Director;
      Maintaining a Legislative Committee;
    • Adopting resolutions and advocating for NCTR positions in all appropriate forums;
    • Conducting an annual Legislative meeting;
    • Providing regular legislative updates to members, and soliciting input and support as necessary;
    • Developing and maintaining relationships with members of Congress, the Congressional staff, and administration officials;

    • Developing, expanding, and maintaining strategic partnerships to accomplish its legislative objectives.
  • NCTR will continue to partner with NASRA to collect data for the Public Pension Fund Survey.
  • NCTR will continue to explore possible collaborative projects with other organizations, as issues of common interest are identified.
  • NCTR will advocate its positions on matters of its interests before the Administration, Congress, other public interest groups, and all other forums as deemed appropriate.
  • NCTR will seek to establish and participate in strategic partnerships that will fulfill its mission.
  • NCTR will continue to advocate for secure retirement benefits and continue to support defined benefit plans as a basic strategy to achieve retirement security. NCTR recognizes the evolving role of hybrid pension plans as part of a retirement security strategy.
X