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Archive November 2021

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Fast Forward on the Front Lines: New York City


Covid-19 isn’t an abstraction to Patricia Reilly, executive director of the Teachers’ Retirement System of the City of New York. She has lost two staff members to the illness.



City Of Milwaukee's Pension System Task Force Identifies 12 Ideas To Address Financial Challenges

  • By: admin
  • On: 11/16/2021 13:22:03
  • In: News
  • Comments: 0

A final report by the Mayor’s Task Force on the City of Milwaukee’s Pension System identified 12 ideas Mayor Tom Barrett should consider to address financial challenges related to the city pension plan.
 
 

North Carolina Teachers' & State Employees' Retirement System Seeks COLA

  • By: admin
  • On: 11/10/2021 09:34:57
  • In: News
  • Comments: 0

When North Carolina is running an $8 billion budget surplus, the Teachers’ and State Employees’ Retirement System is seeking a 2% cost of living adjustment (COLA) on pensions. However, the state system is not linked to the cost of living, and the legislature has not approved a significant boost in about 12 years.
 
 

Fast Forward on the Front Lines: Washington


At the Washington Department of Retirement Services, the pandemic has been anything but a quiet time. Instead, the department has plowed ahead with plans to replace core pension systems and remodeled its space, said Tracy Guerin, its director.


 

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