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Archive April 2021

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2021 Legislative Conference: WEP-GPO Repeal


NCPERS hosted our Annual Legislative Conference webast on Tuesday, April 20, 2021. First, NCPERS heard from The Honorable Rodney Davis (R-IL). Following is a transcription of his remarks. 

New Jersey Governor Calls For Full Pension Payment in 2021

  • By: admin
  • On: 04/21/2021 09:38:05
  • In: News
  • Comments: 0

Governor Phil Murphy called for a $6.4 billion payment into the state’s pension system in the fiscal year that begins in July. If his budget proposal is approved by the legislature, it would mark the first time in 25 years that the state would make its full, actuarially determined contribution.
 
 

Attacks on Funding for Multiemployer Pensions Sound Like the Same Old Song


Andrew Biggs is riding his favorite hobby-horse again, accusing pension plans of chronic mismanagement. He lays blame for funding shortfalls at the feet of employers and, of course, his nemesis, the labor unions that protect workers' rights. Reality, as usual is more complicated.
 

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