Active retirees
Active retirees

Retirement

Overview

NLC’s Public Sector Retirement Initiative is a resource for elected officials to help them navigate the complexities of retirement and healthcare planning and funding for the municipal workforce. The Initiative is sponsored by ICMA-RC, an NLC Capstone Corporate Partner and non-profit independent financial services corporation focused on providing retirement plans and related services for over a million public sector participant accounts and approximately 9,000 retirement plans.

This initiative features a series focused on strengthening the capacity of city leaders to ensure healthy public sector retirement outcomes. We start with the premise that desired goals for retiree savings, pension plans and other post-employment benefits balance municipal workforce/retiree needs with city fiscal responsibility. 

Blogs

How Memphis Helps Employees Repay Student Loans
Anita Yadavalli — July 23, 2018

Tensions Rise for Local Leaders Trying to Fund Pensions
Anita Yadavalli — June 28, 2018

What Are Cities Doing to Keep Healthcare Costs Down?
Anita Yadavalli and Yang You — April 10, 2018

State of the City: The Case of Healthcare
Anita Yadavalli and Yang You — April 2, 2018

What Cities Are Doing About Pensions
Anita Yadavalli and Yang You — March 27, 2018

State of the Cities: The Case of Pensions
Yang You and Anita Yadavalli — March 19, 2018

Leveraging Your City’s Employee Benefits Package
Anita Yadavalli — March 16, 2018

2017

How Cities Can Use Retirement Benefits To Recruit Talent
Anita Yadavalli and Jean-Pierre Aubry — December 24, 2017

How to Measure Pension Fiscal Health in Your City
Anita Yadavalli — November 16, 2017

What Should City Leaders Do About Healthcare?
Anita Yadavalli — October 19, 2017

Retirement (In)security: Why Financial Literacy Matters
Anita Yadavalli — October 12, 2017

Putting Your City’s Pension Plan in Context
Christiana McFarland and Anita Yadavalli — August 22, 2017

Making Informed Choices About Public Sector Pension Plans
Christiana McFarland — March 10, 2017

How Cities Can Prepare for the New OPEB Accounting Requirements
Les Richmond — January 17, 2017

Cities 101: Pensions
James Brooks — January 6, 2017

2016

Cities and Their Mayors Can Change the Future of Aging in America
Paul Irving — November 9, 2016

Here’s What City Leaders Need to Know About Pension Budget Discussions
Les Richmond — October 27, 2016

Innovative City Program Teaches Civic Engagement to Parents
Ryan Holeywell — October 4, 2016

Six Questions Every Elected Official Should Ask About Their City’s Retirement Benefits
Josh Hart — August 30, 2016

2015

How the New Public Sector Pension Accounting Rules Will Affect Your City
Les Richmond — June 26, 2015
 

Reports

Cover of gasb briefGASB Statements 74/75: What City Leaders Need to Know
After the Great Recession, the Governmental Accounting Standards Board established new reporting requirements for governments whose retired employees are provided with other post-employment benefits, such as healthcare benefits, life insurance, disability, legal and other services. This list of FAQs on the new GASB rules explains what they mean for city leaders.

Cover of pensions briefHow to Measure Pension Fiscal Health
This Municipal Action Guide, How to Measure Pension Fiscal Health, equips city leaders with an understanding of their city’s pension plan data so they can become more effective public sector retirement leaders. Specifically, it assesses the utility and limitations of common fiscal metrics of plan health including unfunded pension liabilities, funded ratio, actuarially determined contributions and net amortization.

Cover of pensions reportMaking Informed Changes to Public Sector Pension Plans
Pensions play a critical role in the ability of local governments to attract and retain the workforce needed to meet citizen demands. The costs associated with this employee benefit, however, can be substantial. A recent National League of Cities (NLC) survey revealed that over the past year the cost of pensions increased in more than 70 percent of cities.

Staff

Anita YadavalliAnita Yadavalli is the Program Director of City Fiscal Policy at NLC. Anita leads NLC’s Public Sector Retirement initiative, with a focus on research and education for city leaders on retiree healthcare benefits, as well as research and programming on other city fiscal policy issues. Additionally, her areas of research include economic development, including enterprise zones and tax increment financing, and educational finance.

Christy McFarlandChristiana McFarland is NLC's Research Director. She leads NLC's efforts to transform city-level data into information that strengthens the capacity of city leaders and that raises awareness of challenges, trends and successes in cities. Her areas of expertise include economic development, workforce development, and municipal finance.