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Archive February 2024

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Public Pension Profiles: MERS of Michigan’s Director of HR, Diversity, and Inclusion, Steve Hazime

“I attribute MERS' recognition as a Great Place to Work and Best-in-Class Employer to our steadfast commitment to ensuring that people and culture play pivotal roles in our organizational strategy and success,” said Hazime.
NCPERS Public Pension Profiles: MERS of Michigan’s Director of HR, Diversity, and Inclusion, Steve Hazime

 

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The Inflation Reduction Act’s Impact on Medicare Part D and Retiree Healthcare Plans

By: Alisa Bennett, Cavanaugh Macdonald Consulting
 
Alisa Bennett of Cavanaugh Macdonald Consulting summarizes the upcoming changes to Medicare Part D and drug pricing due to the Inflation Reduction Act of 2022, and the relevance to public sector retiree healthcare plans and retirement systems.
The Inflation Reduction Act’s Impact on Medicare Part D and Retiree Healthcare Plans

 

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Requesting Member Feedback: NCPERS Member Survey Closes March 8

  • By: admin
  • On: 02/23/2024 15:41:40
  • In: News
  • Comments: 0
We want your feedback! NCPERS is undertaking a comprehensive member needs assessment to gather opinions and ideas from all segments of the member community about our programs and services.

Where are we hitting the mark? Where could we be doing something new? What are your priorities for us? NCPERS leadership will be using your answers to these questions to improve the member experience and shape the future of our organization.

NCPERS members at public pension plans and related stakeholders (unions, retiree organizations, and plan sponsors) are asked to complete our Fund/Stakeholder Member Needs Assessment by March 8th. This short online survey should take no more than 10 minutes.

We are requesting responses from each indivdual within our pension plan and stakeholder members -- no matter what role you hold in your organization, your feedback is important to us! 

(Corporate and CorPERS Members can contact William Whitman, Director of Membership & Strategic Alliances, by email at william@ncpers.org for instructions on completing the separate needs assessment we've created for our service provider members.)

Thank you very much for participating in our survey! 

Enhancing Healthcare Coverage for Public Safety Retirees

By: Eric Stanger, Via Benefits by WTW
 
Recent legislation has led to important improvements to the Healthcare Enhancement for Local Public Safety (HELPS) Retirees Act. Eric Stanger at Via Benefits by WTW explains these updates and how public safety retirees can take better advantage of the pre-tax distributions that they earned as public safety officers.

 

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Save the Date: NCPERS 2024 Chief Officers Summit

  • By: admin
  • On: 02/21/2024 18:15:56
  • In: News
  • Comments: 0

Join public pension executives in Nashville on June 17-19.
NCPERS 2024 Chief Officers Summit

 

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Supreme Court Clarifies Pleading Requirement for Claims Arising Under the Securities Act of 1933

By: Eric J. Belfi and Guillaume Buell, Labaton Keller Sucharow LLP
 
Two partners at Labaton Keller Sucharow LLP explain the June 1, 2023 Supreme Court opinion clarifying the pleading requirements for claims brought pursuant to Section 11 of the Securities Act of 1933 and how it impacts shareholders.
Supreme Court Clarifies Pleading Requirement for Claims Arising Under the Securities Act of 1933

 

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Recognizing the December 2023 Class of NCPERS Accredited Fiduciaries

  • By: admin
  • On: 02/20/2024 11:50:19
  • In: News
  • Comments: 0
Congratulations to the public pension trustees and staff who most recently earned their Accredited Fiduciary designation, demonstrating their commitment to and knowledge of pension plan governance.

 

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Diversifying Income in a New Era

By: Brian Griggs, Nuveen
 

Brian Griggs with Nuveen offers education in asset allocation for trustees, in both their plans and personal finances, along with how to avoid the common investing pitfalls that are present in today’s environment.

 

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Public Pension RFP Roundup

Brought to you by NCPERS for February 2024
Public Pension RFP Roundup

 

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Public Pension Oversimplification Can Complicate Things Quickly

By: Daniel J. Siblik, ASA, MAAA, FCA, EA, Segal
 
Public pension plans are often lumped together for analysis that tends to oversimplify the overall picture of the uniqueness of the plans that reside within the groupings, whether at a national level or a state level. Daniel Siblik with Segal discusses how each plan has its own varied features that are the basis for its current situation, as well as its future outlook, and should be considered individually.
Public Pension Oversimplification Can Complicate Things Quickly

 

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