When evaluated through a cash flow lens, usage-based essential infrastructure looks a lot like fixed income — with stable, contract-supported revenue, long asset duration, and built-in inflation escalators. Here's how public pensions can put that to work. 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.
Jeffrey Fox of J.P. Morgan Asset Management, NCPERS' 2026 Pension Partner of the Year, discusses how public pension governance is evolving, where trustees should focus their continuing education, and what AI means for the industry's next decade. Continue Reading
When people hear “AI,” they often think of large language models and virtual assistants. But for public Defined Contribution (DC) plans, AI may prove just as valuable in areas like prediction, pattern recognition, workflow automation, and decision support. Continue Reading
A federal rule opening 401(k) plans to alternative assets like private equity drew over 45,000 public comments and sharp partisan divides. Public pension funds should take note, as several states are expected to consider similar changes for their own DC plans once the rule is finalized. Continue Reading
NCPERS regularly highlights the latest RFPs and RFIs in the public pension industry on behalf of its members. Here you can find our latest roundup of RPFs and RFIs. Continue Reading
Due to the current labor market, many government employers are looking to provide older employees with incentives to work longer rather than retire. This article outlines several possible strategies to achieve this goal. Continue Reading
As Canada's push for a national wealth fund raises pressure on its public pension funds to invest domestically, recent U.S. court rulings in Oklahoma and Texas are moving the opposite direction by reinforcing pension funds' independence from politically motivated investment mandates. Continue Reading
This article highlights how integrating death identification and participant location efforts strengthens oversight, reduces risk, and supports more defensible fiduciary and supports more defensible fiduciary decision-making. Continue Reading
During the 2026 Chief Officers Summit, NCPERS presented a service recognition award to Rod June for his exceptional contributions to the public pension community. Continue Reading
The rapid advancement of AI creates new fiduciary, operational, and governance risks for pension systems. Developing a dynamic, principle-based AI governance is essential to protecting beneficiaries’ data, while safely streamlining efficiencies and enhancing returns. Continue Reading
This report from Ortec Finance examines how macroeconomic developments, particularly declining interest rates, can translate into balance‑sheet risks for U.S. pension funds. Continue Reading
This article explains how pension funds can access best‑in‑class, high‑growth, late‑stage private technology companies at significant discounts to public market valuations through a small-ticket secondaries manager. Continue Reading