A Model for State Pension Reform

Overview

States are considering a model for state pension reform called a "hybrid" that provides employees with both a traditional pension plan and a 401(k)-type plan. It has been adopted in Utah and is under consideration in Rhode Island. It can provide safer employee benefits than moving entirely to a 401(k)-type plan, and can be less expensive for governments than a traditional plan. This page offers remarks from four speakers who addressed the topic at NCSL's 2011 Fall Forum.

Speakers:
Senator Daniel R. Liljenquist, Utah
Mark Singel, The Winter Group, Pennsylvania
Keith Brainard, National Association of State Retirement Administrators, Texas
Jim Testerman, National Education Association, Washington, D.C.
 

Additional Resources

 

Senator Daniel R. Liljenquist, Utah

Senator Daniel R. Liljenquist, Utah,

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Mark Singel, The Winter Group, Pennsylvania

Mark Singel, The Winter Group, Pennsylvania 
 

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Keith Brainard, National Association of State Retirement Administrators, Texas

Keith Brainard, National Association of State Retirement Administrators, Texas

 
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Jim Testerman, National Education Association, Washington, D.C.

Jim Testerman, National Education Association, Washington, D.C.

 
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