National Conference on Public Employee Retirement Systems

The Voice for Public Pensions

Secure Choice Pension

nurses-male-female-doctor-male-femaleRetirement in the United States is in crisis.  

Many of us can feel the American Dream slipping away. Our ability as a nation to sustain our economy at a time when a record number of workers are entering their retirement years should be an important part of our national debate. Retirement security for all should be a national priority. To accomplish that, we need to propose and develop new and innovative solutions. 
 

First, the facts:

  • Until the 1980s pensions were common and workers knew that with Social Security, their own savings including 401(k)s, and a pension, they could retire with dignity.
  • Today, there’s somewhere betwee a $4-8 trillion retirement savings deficit.
  • Over the next 10 to 15 years, the bulk of the 75 million baby boomers will be of retirement age – giving the U.S. the largest over-65 population in its history.
  • For the last 100 years public pensions have proven to be the most cost-effective vehicles for both taxpayers and pensioners to ensure a safe retirement. When properly funded by legislatures and employee contributions, these pensions are a model of how retirement policy can work at the national level.
Why does this matter? We believe retirement security for ALL Americans lies in a partnership between the public and private sectors. What works for some should work for all.
 

NCPERS Secure Choice Papers

         ncpers-secure-choice-pension-white-paper                                                                         ncpers-secure-choice-2.0



NCPERS Secure Choice Activities