Public Pension Plans, National State and Local Government Organizations Get the Facts Out
WASHINGTON, DC /PRNewswire-USNewswire/ The National Conference of State Legislatures (NCSL), National Association of Counties (NACo), United States Conference of Mayors (USCM), National League of Cities (NLC), International City/County Management Association (ICMA), National Association of State Auditors Comptrollers and Treasurers (NASACT), Government Finance Officers Association (GFOA), International Personnel Management Association for Human Resources (IPMA-HR), National Council on Teacher Retirement (NCTR) and the National Association of State Retirement Administrators (NASRA) today released a joint fact sheet on state and local government pensions, setting the record straight regarding the operations and funding of public pensions, the degree to which they fit in the overall budget picture at the state and local level, and the steps state and local governments are taking to bring their pension plans into long-term solvency.
The fact sheet underscores that state and local governments have already pre-funded the majority of their pension costs and have over $2.7 trillion in assets held in trust for current and future retirees. For the vast majority of state and local pension plans, these funds are sufficient to continue paying promised benefits well into the future. Continued contributions of employers and employees (who typically share in the financing of their pension) ensure trusts can continue to do so for the very long-term.
Retirement systems also remain a small portion of state and local government budgets, according to the fact sheet, with the portion of spending dedicated to retirement system contributions amounting to about three percent.
Other key facts include the following:
State and local governments are already taking steps to secure their pensions for the long term.
Public employees share in the financing of their pension, which in many cases is in lieu of Social Security.
Pension dollars help the economy of every jurisdiction
Long-term investment returns of public funds continue to exceed expectations
State and local government retirement systems do not require, nor are they seeking, Federal financial assistance.
One-size-fits-all Federal regulation is neither needed nor warranted and would only inhibit recovery efforts already underway at the state and local levels.
State and local retirement systems have substantial assets to weather the economic crisis and are taking steps to strengthen funding for the very long-term. In fact, more state and local governments enacted significant modifications to improve their retirement plan funding in 2010 than in any other year in recent history.
National Conference of State Legislatures
National Association of Counties
United States Conference of Mayors
National League of Cities
International City/County Management Association
National Association of State Auditors Comptrollers & Treasurers
Government Finance Officers Association
International Personnel Management Association for Human Resources
National Council on Teacher Retirement
National Association of State Retirement Administrators
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SOURCE Center for State and Local Government Excellence
CONTACT: Elizabeth Keller, Deputy Executive Director, ICMA, +1-202-962-3611, ekellar@icma.org; Keith Brainard, Research Director, NASRA, +1-512-868-2774, keithb@nasra.org; Gregory Minchak, Manager, Media Relations, NLC, +1-202-626-3003, minchak@nlc.org
Web Site: http://www.slge.org
2010.02.04 Comprehensive Career SEMINAR | Free | Woodbridge, Virginia
You are invited to meet with Bill Golden, CEO of USAJobZoo.com, USADefenseIndustryJobs.com and IntelligenceCareers.com to discuss the job market of 2011 through 2017.
Cost: FREE
Date: Fri, Feb 4th, 2010
Time: 9:30am-3:30pm
Place: Ridgefield Office Center 4391 Ridgewood Center Dr Suite B Woodbridge, VA 22192-5399
This will be a ‘comprehensive’ six hour seminar covering:
* Economics 101 – the state of our current economy
* The impact of politics and policies on employment
* Employment trends across a wide range of industries
* Understanding opportunities in the defense and intelligence industries
* Discovering new career opportunities
* Determining your marketplace value
* Determining if you should go back to school
* Identifying relevant career opportunities
This seminar is appropriate for all levels of job seekers that are ‘professionals’ with a definable skillset, or that are engaged in studying for a careerfield.
A benefit of attending this seminar is that your resume will be evaluated after the event, your general market value estimated in up to three job markets, and we will work to identify relevant opportunities with specific employers.
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About your presenter
This seminar will be given by Bill Golden, a senior career advisor for more than 140 career information blogs that are sponsored by USAJobZoo.com and USADefenseIndustryJobs.com, aka IntelligenceCareers.com
Bill’s background includes almost 35 years working within defense and intelligence, either in operations (’75-96) or as an industry analyst and consultant (’96-present).
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Preregistration
Preregistration is not required but it would be nice if you dropped us an email with your resume attached. That way we can review it and possibly have our analysis completed by the date of the seminar.
Send your resume and intent to attend this seminar to seminars@usajobzoo.com
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Why this seminar is free
USAJobZoo.com, USADefenseIndustryJobs.com and IntelligenceCareers.com represent a combined 500,000+ job listings for professionals across the USA and in 28 countries.
We are earn our way in life in getting you to use one of our recruiting websites and applying to employers. The more professionals that apply to companies puts more money in our pockets for a job well done.
We also hope to help you become successful in your job search. A bit of good advice just might get you a great job and your company will probably need someone like us to find more professionals. Your recommendation of us to your employer matters.
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SOURCE IntelligenceCareers.com
Customer Service, 1.800.919.8284 or customerservice@intelligencecareers.com
Finances of State and Local Government Employee Retirement Systems, 3rd Quarter 2010
WASHINGTON, DC /PRNewswire-USNewswire/ Finances of Selected State and Local Government Employee Retirement Systems: 3rd Quarter 2010.
This quarterly survey provides national summary data on the revenues, expenditures and composition of assets of the 100 largest state and local public employee retirement systems in the United States. These 100 systems comprise 89.4 percent of financial activity among such entities, based on the 2007 Census of Governments.
This survey presents the most current data about investment decisions by state and local public employee retirement systems, which are among the largest types of institutional investors in the U.S. financial markets.
These data tables are published three months after each calendar quarter and show national financial transactions and trends for the past five years.
You can view the different finance summaries online at http://www.census.gov/govs/qpr/ .
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SOURCE U.S. Census Bureau
CONTACT: Census Public Information Office, +1-301-763-3030, pio@census.gov
Web Site: http://www.census.gov
Account Executive – State, Local, Legislative, IT, State, Govt, Public Safety (Texas)
NJW BLOGS HOTJOB ======
LOCATION: Dallas TX
EMPLOYER: Harris Corporation
Harris Corporation Account Executive – State, Local, Legislative, IT, State, Govt, Public Safety
Harris RF Communications is the leading global supplier of secure radio communications and embedded high-grade encryption solutions for military, government and commercial organizations and a leading supplier of assured communications systems and equipment for public safety, utility and transportation markets, with products ranging from the most advanced IP voice and data networks to portable and mobile single- and multi-band radios.
Job Description:
Account Executive to represent Harris RF Public Safety and Professional Communications products and services to all current and potential customers in OK, AR, and N. TX. Responsibilities include: prospecting, trade shows, channel partner management, presentations to individuals and groups, proposal preparation and contract negotiation. Primary focus is to plan, develop and execute sales strategies to meet assigned orders quota. AE will also be responsible for direct sales, within assigned territory, as well as management and support of in-direct sales channels. An Account Executive must be able to develop positive relationships at multiple levels within the customer’s organization and work to influence customer specifications to gain competitive advantage. This position will also need to maintain existing assigned accounts and modify/create management records including: contact name, equipment history, orders history and orders forecasting. Other aspects of the position include gathering market intelligence on competitive activities including: products, pricing, strategies and tactics. The position requires ~40% overnight travel in territory with periods of week long absences when preparing bid responses or attending shows and seminars.
Job Requirements
Ability to function and influence at the State and local executive and legislative level.
Knowledge of the political buying processes
Knowledge of state and local finance issues
Technical background in communication or IT products
5-10 years sales or domain experience with state government or public safety sales
BA/BS or equivalent experience.
Strong customer communication and relationship skills, strong public speaking and presentation skills, and problem solving skills.
Preferred Additional Skills
Public safety experience a plus Previous successful sales experience in the large municipal market is desired. Focus on current and emerging cellular technologies are a plus LMR experience may be valuable
APPLY/LEARN MORE AT http://www.intelligencecareers.com/jobs/11-001/jobview.cfm?jobid=3258321&domain=state%20gov
Cellular, Communications, IT Products, Public Safety
