Securitization began in 1968, giving investors access to mortgage cash flows without owning or servicing loans directly, while enabling lenders to recycle capital. Securitization remains a cornerstone of modern finance, channeling capital efficiently, enhancing liquidity, and expanding credit access Continue Reading
News
Pension News, Commentaries, and Insights from NCPERS
Find out what’s happening in the public pension community and explore the latest industry trends.
Coming Soon: Essential Insights for Public Pension Leaders Continue Reading
Savvy investors take an intentional approach to balancing portfolio risk with desired returns. In this article, we discuss the benefits of active risk budgeting and the consequences of unintended risks. Continue Reading
Increased correlations between stocks and bonds and heightened volatility in bond markets have made the traditional 60/40 approach to diversification less reliable, meaning that today’s market conditions call for an approach that includes alternative asset classes. Continue Reading
With a severe winter storm forecasted to create dangerous travel conditions in Washington, D.C. and across much of the U.S., we have made the difficult decision to cancel NCPERS 2026 Legislative Forum & Policy Day. Continue Reading
NCPERS, the largest association for public pensions, recently announced a transformative initiative to celebrate its 85th anniversary: NCPERS 2.0. Continue Reading
A smarter, easier way to connect with your member benefits. Continue Reading
Although Other Post-Employment Benefits (OPEB) are often financed on a Pay-As-You-Go (PayGo) basis, an increasing number of public plan sponsors are choosing to prefund these obligations with dedicated trusts, similar to pensions. Continue Reading
This article highlights what pension fund stakeholders can learn about how transitioning retiree healthcare from traditional group plans to the individual marketplace through a defined contribution model strengthens the long- term sustainability of retirement systems. Continue Reading
Although funding an OPEB plan actuarially is not always possible, this article offers strategies to get some money contributed and secured to pay OPEB benefits. Continue Reading
In the face of rising healthcare costs, Retiree Medical Trusts provide an unmatched, tax-advantages solution for saving for medical costs in retirement. Continue Reading
Index funds typically carry the lowest expense ratios in their categories — but like consumer goods, they may impose costs that aren’t apparent from the sticker price alone. Continue Reading