The Arthur N. Caple Foundation (ANC) and National Association of Government Defined Contribution Administrators (NAGDCA) partnered with the Center for State and Local Government Excellence (SLGE) to review the current and future role of defined contribution plans for state and local government employees and the governments that provide the retirement benefit.

The report, " The Evolving Role of Defined Contribution Plans in the Public Sector," aims to answer important and timely questions:

  • What does the current public sector retirement plan environment look like?
  • What does the future hold for defined contribution plans?
  • What are effective defined contribution designs?
  • What role can annuities and other guaranteed retirement income features play?
  • How are financial literacy and counseling initiatives and defined contribution plans linked?
  • How can structural change, if adopted by a government, be implemented to minimize costs, risks, and help employees assume more personal responsibility?
  • What should be considered when assessing and potentially altering the role of defined contribution plans?

Read the full report.

 

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