Archive June 2021
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New York City Council Votes To Create Auto-IRA Program
The New York City Council voted April 30 to create an auto-IRA retirement savings plan for private-sector workers in the largest U.S. city, as well as a retirement security board to oversee it.
BRN AM Podcast: How Did Public Pensions Perform During 2020-2021?
Hank Kim, Executive Director & Kathy Harrell, President of NCPERS discussed how did public pensions perform during 2020 / 2021? on The Broadcast Retirement Network's weekly podcast.
CalSAVERS Not Governed By ERISA
The California Secure Choice Retirement Savings Program for private-sector workers is not governed or pre-empted by ERISA, the federal law on employee benefits, the U.S. Court of Appeals for the Ninth Circuit ruled May 6. The program, known as CalSavers, was created in 2017.
The Top 10 Advantages of Maintaining Defined Benefit Pension Plans: 2021 Update Infographic
Last week, NCPERS released our The Top 10 Advantages of Maintaining Defined Benefit Pension Plans: 2021 Update. This infographic condenses the information in an easy format.
The Case for Public Pensions
NCPERS has recently updated our Research Series: The Top 10 Advantages of Maintaining Defined-Benefit Pension Plans: 2021 Update. We also created a condensed version because pension plans work and should be retained. Here are the top 10 reasons: