A closely divided California Supreme Court clarifies who controls pension system staffing and compensation decisions, while preserving important protections for retirement boards seeking the personnel needed to fulfill their fiduciary duties. Continue Reading
News
Pension News, Commentaries, and Insights from NCPERS
Find out what’s happening in the public pension community and explore the latest industry trends.
For the first time, Public Pension HR Summit attendees will have the opportunity to complete the Mental Health First Aid at Work training and earn a certification from the National Council for Mental Wellbeing. Continue Reading
The Pension Lab: NextGen Competition returned for this year's Public Pension Funding Forum, where teams of graduate students from the Harris School of Public Policy at the University of Chicago presented solutions to tackle the funding challenges facing public pensions in Chicago and Illinois. Continue Reading
Recruitment pressures may have eased, but new workforce challenges are emerging for public pension employers. Continue Reading
Infrastructure exposure is often associated with private (unlisted) funds that own assets directly. But listed infrastructure — the equities of publicly traded companies that own and operate similar essential, long-lived assets — can be an effective complement to private exposures. Continue Reading
The Total Portfolio Approach (TPA) represents a shift from rigid asset allocation to a flexible, opportunity-driven framework that can improve agility and capital efficiency, but requires strong governance, culture, and investment capabilities to succeed. Continue Reading
NCPERS regularly highlights the latest industry job listings, new hires, and retirement announcements on behalf of its member pension funds, stakeholders, and service providers. Here you can find our latest roundup of job listings, hiring, and retirement announcements. Continue Reading
New research from NCPERS shows 48 states now meet or outperform historical sustainability benchmarks, reflecting significant nationwide progress. Continue Reading
This article focuses on the importance of pension funds creating a clear AI strategy, defined before they start using an AI tool. Funds that create an organizational roadmap and set up a governance structure will find it much easier to navigate the constantly shifting world of AI. Continue Reading
This article helps pension fund members understand how private real estate’s income profile compares favorably to bonds, offering similarly stable and predictable cash flows but with the potential for higher returns. Continue Reading
In direct lending, manager selection is a critical driver of risk, return, and portfolio resilience. This article highlights the importance of evaluating managers based on where they invest and their credit underwriting discipline, including their avoidance of PIK income, and how rigorously they str Continue Reading
Retirement and pension administrators face growing pressures from rising transaction volumes, regulatory demands, cybersecurity risks, and increasing expectations for digital services, making modernization a strategic necessity rather than just a technology upgrade. Continue Reading