National Conference on Public Employee Retirement Systems

The Voice for Public Pensions

Legislation Limiting Plan Investments

Suggested Approaches to Legislation Limiting Plan Investments

This legislative season, many states brought up legislation impacting how retirement systems invest their assets. The primary focus of these bills is to address concerns around ESG (environmental, social, governance) risk assessments. Unfortunately, many of the bills didn’t take into consideration the complexities of retirement systems investments as well as fiduciary responsibilities. That’s why NCPERS developed this best practice fact sheet to demonstrate ways retirement systems can help educate lawmakers about the impacts of legislating investment policy.   

View Suggested Approaches to Legislation Limiting Plan Investments.