National Association of State Retirement Administrators


Pension Reform

Periodic modifications to accommodate changing needs and fiscal realities have a history in state and local government retirement plans. Since 2009, nearly every state has made meaningful changes to their pension plan benefit structures, financing arrangements, or both. These changes are tracked and compiled by NASRA staff. A key factor in evaluating changes is the extent to which they retain the core elements known to best meet human resource and retirement policy objectives of state and local governments: mandatory participation, shared financing, pooled investments, benefit adequacy, and lifetime benefit payouts.

The National Conference of State Legislatures (NCSL) chronicles pension reforms by year, and NASRA compiles them by subject:

NASRA Resources
Other Resources