Government Relations

NCTR’s Government Relations program was developed to “Provide a national forum for the discussion and resolution of public policy issues affecting public pension funds by collecting and analyzing data about the funds; presenting the results of such analysis to Congress, relevant federal agencies, and comparable state bodies.”

To learn more, please visit NCTR’s Governing Documents.

July 25, 2018 – Re: ASB Actuarial Standards of Practice No. 4 Exposure Drafts
June 20, 2018 – Opposition to PEPTA Letter to All House Members

PEPTA to be Reintroduced; Opposition Letters Needed to Congressional Delegations

June 15, 2018 – Rep. Devin Nunes (R-CA) has written to members of the U.S. House of Representatives, inviting them to cosponsor the Public Employee Pension Transparency Act (PEPTA), which he plans to again reintroduce this Congress.

There are a number of legislative vehicles under development on which PEPTA could potentially be added. Thus, letters to your delegation are needed, urging them not to co-sponsor the bill or allow it to be included in any legislation under consideration.

A sample letter to tailor to your system can be found here.  A joint letter from a broad array of national associations is also under development, which could also be shared with your delegation when finalized.

Please feel free to contact us if you have any questions or need additional information!

December 11, 2017 – Letter to Conferees on the Tax Cuts and Jobs Act regarding the impact of Section 5001 of H.R. 1,  which would impose the Unrelated Business Income Tax (UBIT) on states’ pension plans and their investments.

Federal Relations Director Leigh Snell

September 28, 2017 – On behalf of the National Council on Teacher Retirement (NCTR) and the National Conference on Public Employee Retirement Systems (NCPERS), representing the majority of state and local government retirement system participants, we are writing to express our serious concerns with certain proposed changes to the Actuarial Standards of Practice (ASOPs) governing actuarial services for pension plans proposed by the Pension Task Force (PTF) of the Actuarial Standards Board (ASB).  We understand that, pursuant to a subsequent directive from the ASB, you are in the process of drafting appropriate proposed modifications that would reflect these recommendations.