Policy

Track the policy issues that impact public pensions at the federal, state, and local levels. Find out how to submit articles on this topic here and explore advocacy resources from NCPERS.

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Los Angeles Fire and Police Pension Department Eliminates Dedicated Emerging Markets Account
Los Angeles Fire and Police Pension Department Eliminates Dedicated Emerging Markets Account

Los Angeles Fire and Police Pension Dept. ends its Emerging Markets account due to geopolitical risks, low returns, and high fees, reallocating to developed markets and alternatives. Continue Reading

Date posted11/20/2024


After Historic Vote to Repeal WEP-GPO, What’s Next?
After Historic Vote to Repeal WEP-GPO, What’s Next?

Historic House vote passes bill to repeal WEP-GPO Social Security penalties impacting public sector pensions. Senate action and advocacy efforts next. Continue Reading

Date posted11/13/2024


The Tax Debate of 2025
The Tax Debate of 2025

Explore the 2025 tax debate on the expiration of the Tax Cuts and Jobs Act (TCJA), its impact on federal revenues, retirement provisions, and first responder benefits. Continue Reading

Date posted11/1/2024


The Path to Improving Retirement Security in the U.S.
The Path to Improving Retirement Security in the U.S.

Explore strategies to improve U.S. retirement security by expanding pension access, advocating policy, and educating on public pension benefits and challenges. Continue Reading

Date posted10/23/2024


The Supreme Court’s Macquarie Infrastructure Decision: Pure Omissions and Half-Truths
The Supreme Court’s Macquarie Infrastructure Decision: Pure Omissions and Half-Truths

Explore the Supreme Court’s Macquarie Infrastructure decision clarifying that pure omissions aren’t actionable under Rule 10b-5(b), impacting securities litigation and disclosure practices. Continue Reading

Date posted10/10/2024


Discharge Petition on WEP-GPO Repeal Bill
Discharge Petition on WEP-GPO Repeal Bill

Explore the latest on the WEP-GPO repeal bill affecting 28% of state/local workers without Social Security. Learn about legislative efforts and impacts. Continue Reading

Date posted10/3/2024


Supreme Court Holds That Pure Omissions Are Not Actionable Under Rule 10b–5(b)
Supreme Court Holds That Pure Omissions Are Not Actionable Under Rule 10b–5(b)

Supreme Court rules SEC Rule 10b-5(b) bars only affirmative misstatements, not pure omissions, limiting securities litigation claims under this rule. Continue Reading

Date posted09/24/2024


Inflation Reduction Act Cuts Retiree Drug Costs: Employers Face Tough Choices
Inflation Reduction Act Cuts Retiree Drug Costs: Employers Face Tough Choices

The Inflation Reduction Act enhances Medicare Part D coverage by capping retiree drug costs but may raise expenses for employers sponsoring group plans. Continue Reading

Date posted09/9/2024


Fall Forecast for Congress
Fall Forecast for Congress

Explore the fall 2024 Congressional forecast focusing on election impacts, legislative strategies, funding challenges, and key political issues shaping the U.S. Congress. Continue Reading

Date posted09/1/2024


Defined Benefit Plan Court Rulings
Defined Benefit Plan Court Rulings

NYC pension fossil fuel divestment case dismissed; NY court cites Supreme Court's Thole ruling, affirming no financial loss in defined benefit plans. Continue Reading

Date posted07/31/2024


Worthwhile Canadian Initiative?
Worthwhile Canadian Initiative?

Explore the Canadian government's initiative to boost domestic pension fund investments, balancing economic growth with pension governance and fiduciary duties. Continue Reading

Date posted07/31/2024


Court Rules LACERA Can Oversee Its Own Personnel Decisions to Fulfill Fiduciary Duties
Court Rules LACERA Can Oversee Its Own Personnel Decisions to Fulfill Fiduciary Duties

California court empowers LACERA to independently manage personnel decisions, enhancing public pension fiduciary duties and improving talent retention. Continue Reading

Date posted07/17/2024