Archive March 2023
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Ready or Not – Revised ASOP No. 4 Is Here
By: Piotr Krekora, ASA, EA, FCA, MAAA, PhD, Gabriel, Roeder, Smith & Company
New disclosure requirements are in effect for actuarial valuation reports with measurement dates after February 15, 2023. While intended to add context to results presented in the reports, the new information may create communication challenges for some systems.
How Organized Labor in Michigan is Driving Historic Change
Last month, Michigan Governor Gretchen Whitmer signed two key bills into law.
Pension Industry Careers: Job Listings, Hiring, and Retirement Announcements
Are Pensions the Answer to the Public-Sector Worker Shortage?
Research shows that pension benefits overwhelmingly help attract skilled workers, especially millennials.
Are Higher Interest Rates a Silver Lining for Public Pension Funds?
By: Bill Hallmark, ASA, EA, MAAA, FCA, Cheiron
While higher interest rates are causing pain in many sectors of the economy, public pension plans may benefit from them because they increase the investment returns they can expect.
Public Pension Profiles: El Paso Firemen and Policemen’s Pension Fund Trustees
In honor of Women’s History Month, NCPERS spoke with current trustees Lee Ellen Banks, Susanna Visconti, and Leila Melendez about why they serve the El Paso Firemen and Policemen’s Pension Fund’s members and the importance of diverse representation at the board level.
Public Pension Profiles: Educational Employees' Supplementary Retirement System (ERFC) Executive Director & CIO, Eli Martinez
“I was initially drawn to the public pension space because it gave me the ability to make a difference in my community while also doing something that I love,” said Martinez.
Registration Now Open for NCPERS 2023 Chief Officers Summit
The Chief Officers Summit is designed to prepare pension CEOs and CIOs to drive their organizations forward in the face of constantly evolving opportunities and challenges.
Public Pension Profiles: Seattle City Employees’ Retirement System (SCERS) CIO, Jason Malinowski
“From more of a macro perspective, we've thought a lot about how our liabilities should impact our investment strategy,” said Malinowski.
Public Pension Profiles: Jacksonville Police and Fire Pension Fund (JPFPF) Executive Director, Timothy Johnson
“Pension administration technology is something to watch in 2023 and beyond,” Johnson said.