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Featured GRS Resources

GRS Insight Newsletter: January 2024

Friday, January 26, 2024

In this issue:

  • SECURE 2.0: Operational Guidance for 2024
  • Limits on Eligibility for Purchase of Permissive Service Credit
  • Return to Work After Retirement Considerations
  • No Surprises Act Update
  • Tri-Agencies Request for Information Regarding Coverage of Over-the-Counter Preventive Services
  • Recent Court Ruling Impacts Whether Plans Must Count Drug Coupons Towards the MOOP

GRS News Scan: January 2024

Thursday, January 25, 2024

This issue includes the following news summaries:

  • American Academy of Actuaries Publishes Issue Brief on the 2023 Social Security Trustees Report
  • CMS Office of the Actuary Releases 2022 National Health Expenditures Report
  • MissionSquare Reports on 2024 Public Service Workforce Trends
  • S&P Global Finds U.S. States' Credit Stable in Uncertain Times

GRS News Scan: December 2023

Friday, December 22, 2023

This issue includes the following news summaries:

  • NASBO Releases Fall 2023 Fiscal Survey of States
  • NCSL Reports on State Legislation for Prescription Drug Access and Affordability in 2023
  • NASBO Releases 2023 State Expenditure Report
  • NIRS Report Examines Impacts of Switching Away from Defined Benefit Plans

GRS Perspectives: A Comprehensive Funding Policy: The Recommended Instrument for Navigating Public Plan Funding

Thursday, December 21, 2023

A funding policy for a public sector defined benefit pension or OPEB plan is a systematic set of rules and procedures used to determine the annual funding contribution requirements to be made by the employer(s) in a specific year or a series of years. Establishing and reviewing a comprehensive funding policy will help govern decision making that will lead to better financial outcomes and improved benefit security for all members of a public sector pension or OPEB plan.

GRS News Scan: November 2023

Thursday, November 30, 2023

This issue includes the following news summaries:

  • NASRA Publishes Public Fund Survey Summary of Findings for FY 2022
  • GRS Publishes Research Alert on Maximum Deferral and Threshold Limits for 2023 and 2024
  • NASRA Updates Brief on State and Local Government Contributions to Statewide Pension Plans for Fiscal Year 2022
  • CRR Examines the National Retirement Risk Index with Varying Claiming Ages
  • American Academy of Actuaries Reports on Social Security Reform
  • S&P Global Assesses Pension Funded Ratios of Largest U.S. Cities

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Public Sector Benchmark Powered by GRS TrendLine™:

GRS TrendLine™ provides public employee retirement systems with a variety of statistical information related to assumptions, benefit design, and funding.