Find insights from NCPERS members originally published in our quarterly educational journal. Find out how to submit articles here.
By: Blake Orth and Shana Neeson, Gabriel, Roeder, Smith & Company (GRS) 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 withdedicated trusts, similar to... Continue Reading
By: Steven M. Schatt and Christian Goodman, WTW Via Benefits Through this article, pension fund stakeholders will learn how transitioning retiree healthcare from traditionalgroup plans to the individual marketplace through a defined contribution model strengthens the long-term sustainability of... Continue Reading
By: Alisa Bennett, CavMac When considering funding for your Other Post-Employment Benefits plan, there is the Good, the Badand the Ugly. While funding an OPEB plan actuarially is not always possible, this article offers strategiesto get some money contributed and secured to pay OPEB... Continue Reading
By: Linda Stuessi, Dannae Delano and Seth Gaudreau, The Wagner Law Group Rising healthcare costs, especially during retirement, are concerning to public sector employees, whotend to retire earlier than private sector employees and face budgeting for significant medical costsduring retirement.... Continue Reading
By: Dimensional Fund Advisors Rarely do we prioritize the lowest cost when consuming goods and services, yet the investment industry often does. This is evident in the rise of index funds, which typically carry the lowest expense ratios in their categories—but like consumer goods, they may... Continue Reading
By: Guillaume Buell and Domenico “Nico” Minerva, Partner, Labaton Keller Sucharow LLP With pension funds frequently debating whether to invest in equities via either active management and separately managed accounts, or passive management and commingled funds, this informative article... Continue Reading
By: Laurie Mitchell, TEGRIT Subject matter experts (SMEs) are invaluable resources in organizations, known for their deep knowledge and experience in specific areas. Knowing what makes a great SME starts with knowing what they'll be tasked with, and this article provides key characteristics and... Continue Reading
By: Vincent Pellegrino, ABL Tech Learn how continuous mortality audits help public pension funds reduce overpayments, improve data accuracy, and maintain compliance by identifying unreported deaths and missing participants. This is an excerpt from NCPERS Fall 2025 issue of PERSist. Public... Continue Reading
By: Trevor Newcomb, Segal Transitioning to a new benefits administration software solution is a significant decision. As your organization prepares to implement your new system, it is crucial to safeguard this major investment by taking steps now to avoid costly mistakes later. This article... Continue Reading
By: Michael Buchenholz, J.P. Morgan Asset Management, and David Murad, NISA Funded status alone rarely provides a complete picture of a pension system's well-being. Yet, across the country, actuaries are reporting improvements in funded status to public pension board members—many crossing... Continue Reading
By: Abhi Kane, 400 Capital Management LLC Private credit markets have grown substantially post-GFC, with Moody's projecting AUM to exceed $3 trillion by 2028. The securitized credit markets have similarly rebounded, reaching $3 trillion in 2025. While often treated as separate allocations by... Continue Reading
By: Michael Massarano, Laura Parrott, and Randy Schwimmer, Nuveen This article explores how the maturation of private credit is shaping opportunities in this dynamic, multifaceted asset class and discusses the benefits of private credit in portfolios. This is an excerpt from NCPERS Fall 2025... Continue Reading
