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Title edit
National Council on Teacher Retirement
Description edit
The National Council on Teacher Retirement (NCTR) is constituted as an independent organization dedicated to safeguarding the integrity of public retirement systems in the United States and its territories to which teachers belong and to promote the rights and benefits of the members, present or future, of the systems. NCTR had its beginnings in 1924; became affiliated with the National Education Association in 1937; and became an independent association in 1971. The Council is constituted as a nonprofit tax-exempt entity under Section 501 (c) (6) of the Internal Revenue Code.
NCTR membership includes 77 state, territorial, local, and university pension systems. These systems serve more than 16 million active and retired teachers, non-teaching personnel, and other public employees, and have combined assets of more than $1.4 trillion in their trust funds.
Provide guidance in the development and management of financially sound and equitable retirement plans for qualified career public employees and to promote benefit levels for members and beneficiaries that will assure economic security.
