The Future of Retirement Study Commission
News: View the
Future of Retirement Study Commission Final Report
The Future of Retirement Study Commission was created on October 15, 2009, by the Boards of Trustees of the Teachers' and State Employees' Retirement System and the Local Governmental Employees' Retirement System. The Boards created the Commission because they:
- Feel that it is time to review whether or not North Carolina’s retirement benefits still meet the needs of public sector employees and employers. The current plan design has remained largely unchanged since 1963, despite significant changes to the State’s population and economy.
- Want to proactively respond to the growing national discussion about pensions. In the past year, there have been numerous articles in both national and local media about public pensions and at least 13 other states have already created study groups.
- Want to take a comprehensive, data-driven approach to recommending a plan design that will adequately prepare new employees for retirement.
- Feel that any plan re-design ought to include input from all stakeholders, including employees, employers, and taxpayers.
For more information on the Commission's objectives (charter) or its membership, click on the About the Commission link.
For more information on meeting times and locations or to study along with the Commission, click on the Meetings and Study Materials link.