Hybrid pension plans
Moving workers in Rhode Island's retirement system from defined benefit plans in 2012 to a hybrid plan contributed to attrition and higher turnover, a report said.
Memphis announced a plan to reopen its defined benefit plan to public safety employees hired since July 1, 2016.
Universities Superannuation Scheme is set to increase its contribution rates as of Oct. 1 following a six-month negotiation.
The Kentucky General Assembly overrode the veto of a bill that would move new participants in the teachers pension fund to a hybrid plan.
Kentucky legislators approved a bill that would move new participants in the Kentucky Teachers system to a hybrid plan starting in 2022.
Kentucky's lower house approved a bill to move participants in the Kentucky Teachers' Retirement System to a hybrid retirement plan.
Some military service members would be able to opt-in to the federal government's Thrift Savings Plan under proposed legislation.
Austin's City Council is evaluating the funded status of two public employee pension systems, with an eye toward legislating changes.
