On December 12, 2005, the Robert Wood Johnson Foundation (RWJF) awarded The Council of State Governments’ (CSG) Southern Office, the Southern Legislative Conference (SLC), a grant to determine pension portability among public health employees in the United States. RWJF focuses on the pressing health and healthcare issues facing the United States and is the nation’s largest philanthropy devoted exclusively to improving the health and healthcare of all Americans.
In order to meet the requirements of the grant, the SLC conducted a survey of the administrative entities managing the pensions of public health employees in all 50 states to determine their rules and regulations regarding pension portability for this category of public employee. Based on the responses to the survey questionnaire and additional research, the SLC researchers were able to ascertain whether the pension plan in a state permits an employee to purchase service credits for prior periods of qualified employment in another jurisdiction, both in another state and within the state; whether the pension plan is a defined benefit (DB) or defined compensation (DC) plan; the minimum amount of time required for an employee’s pension benefits to be fully vested; the existence of any recent legislative activity related to the portability of retirement plans of public health officials in each state; whether any federal tax laws impact on the pension portability of these public health employees; and the existence of pension portability in other public employment sector categories.
Based on the information gleaned from the survey responses and additional research, this report contains:
» Details on the current status of the different elements of our nation’s retirement infrastructure;
» Information on the public health employee landscape, including a snapshot of current and expected shortages and other workforce challenges facing this employment category;
» Analysis of the survey responses on pension portability from the 50 states;
» Federal tax implications relating to pension portability in the states;
» Information from other non-health, public sector categories on pension portability; and
» Issues for consideration by state policymakers that would help create an environment to retain and attract professionals to the public health sector.