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NCPERS Year in Review: 2023
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By: Hank Kim, NCPERS
It's been a busy year for NCPERS! We've continued to grow our team in order to expand and improve our membership offerings and work to serve the public pension community. As the days are getting shorter, we're gearing up for our Financial, Actuarial, Legislative & Legal (FALL) Conference in Las Vegas. This year's event will feature the return of the NCPERS University favorite, the Program for Advanced Trustee Studies (PATS).
We're also preparing for our always busy membership renewal season. Renewal notices will be sent to the primary contacts at current member organizations on Oct. 5. If you have any questions, please reach out to membership@ncpers.org.
In our Year in Review, below, you'll find highlights from the past 12 months as we have hosted leading educational conferences, published innovative research on pension funding, connected our members with a national network of their peers; and worked tirelessly to promote and protect pensions on behalf of our members.
Who We Are
We've continued to grow and expand our membership base. As the largest trade association for public pensions, we're proud to represent approximately 500 pension funds, plan sponsors and stakeholders and more than 150 service providers.
Education and Events
Education and events are a key component of NCPERS' membership offerings. Over the last 12 months, we brought together more than 2,300 public pension trustees and staff; industry stakeholders, and service providers for exclusive networking opportunities and leading educational programming (both in person and virtual). We're proud to serve as a key resource for trustees and administrators looking to build and strengthen their knowledge of pension governance best practices, no matter their experience level.
Over the past 12 months, we hosted nine in-person events:
Our educational programming is year-round. Outside of our signature in-person events, we also continued to engage with members virtually as part of our Center for Online Learning and with our CEO, CIO, and Communications Roundtables. And beginning in November 2023, we'll also be launching a roundtable for public pension HR professionals!
Enhancing Pension Administration
NCPERS is able to leverage our size to provide six affinity programs to help pension funds execute key services and streamline their operations on limited budgets. Ranging from discounts on insurance products for pension fund staff and members to savings on mobile self-service app development, NCPERS offerings are developed with the plan administrator in mind. Over the last 12 months, we added two brand-new affinity programs to the mix.
As the largest trade association for public pension plans, NCPERS utilizes our network to develop national studies that allow plans to benchmark against their contemporaries. In 2022, nearly 200 plans participated our annual Public Retirement Systems Study, giving a full-scale view of trends in fiscal, operational, and business practices. In 2023, over 175 plans completed our second annual Public Pension Compensation Survey. The study, which will be released in October, will give systems the chance to benchmark compensation and benefits packages for senior- and mid-level staff.
Communications and Research
NCPERS is the trusted industry leader for educational materials, resources, and research. Over the last 12 months, we've continued to expand our reach:
Pension staff, trustees and stakeholders increasingly rely on us and our member-only publications to stay informed. Our research also continues to serve as an important resource for the public pension community.
*Data from July 31,2022-July 31,2023
Looking Ahead to 2024
We already have several new exciting member benefits in the pipeline that we hope your organization can take advantage of in 2024. Next up, we're thrilled to announce that we have finalized our partnership with the HR Public Pension Roundtable.
Beginning November 2023, NCPERS will host quarterly video calls for the HR Roundtable and an in-person educational program for public plan HR professionals starting next year. Stay tuned for more details, and don't forget to view our upcoming events calendar to start planning for your organization's 2024 education.
If you have any questions or feedback about your NCPERS membership, please do not hesitate to reach out to me directly at hank@ncpers.org.
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