Pension Guide for Elected Officials
A new report from SLGE and AARP provides policymakers and stakeholders with an overview of the use of variable benefit and contribution arrangements in public pension plans. Under variable benefit and contribution arrangements, a pre-set formula drives occasional adjustments – increases or decreases – in retirement benefits and/or contributions to help maintain the long-term sustainability of the pension plan.
Such arrangements can add flexibility and create potential benefits for plans and beneficiaries alike, while preserving the underlying defined benefit pension system.
Register here at no charge for a webinar reviewing the report, scheduled for Tuesday, October 8, 2019, at 1:00 PM ET.
Public Workforce Profile: K-12 Education
As students return to school and elected officials continue discussions around employment, compensation and benefits, SLGE has compiled an infographic snapshot of employment trends, demographics, and tenure in K-12 education.
This is part of a new SLGE/ICMA-RC joint research effort that will explore the K-12 workforce and public education employee preferences and opinions.
Public Sector Workforce 2030: September 26-27
Panels at this month’s summit on Public Sector Workforce 2030 in Fort Lauderdale, Florida, will be exploring Health and Wellness Benefits, Workforce Trends and Evolution, and Rethinking Retirement. There will also be roundtable discussions and opportunities for networking.
If you’re unable to attend, please watch next month’s e-news for summit highlights.
SLGE in the News
The New York Times referenced the 2019 state and local government workforce survey in an article on the impacts of low unemployment on state governments. The article also quoted SLGE’s Gerald Young discussing center research on shared staffing and post-retirement re-employment as strategies to address hard-to-fill positions.
Survey coverage was further echoed through LinkedIn, where it was featured in a news story, Looking for Work? Check City Hall, in the National Association of State Treasurers Morning Brief, in the Lakeland, Florida Ledger and Portland, Maine Press Herald, and by ERE and the Workforce Institute. In addition, SLGE workforce data on police recruitment was cited by PoliceOne and the Worcester, Massachusetts Telegram.
Click here to view the workforce survey webinar recording.
Regarding pension funding, American City & County conducted interviews with SLGE President Josh Franzel and Gerald Young, with Pensions & Investments and the National Association of State Treasurers covering the Proactive Pension Management report. In addition, Idaho Education News shared data from the K-12 education infographic.