NHRS Three-year Strategic Plan Priorities

July 2018 – June 2021

2018-2019 (FY 19)

• Enhance IT security and redundancy and initiate implementation of data security assessment recommendations.
• Initiate upgrade of LRS Pension Gold (PGV2) to PGV3.
• Complete Phase II of process improvement project (“PIP II”) for Insurance, Employer Reporting Services and QDRO.
• Continue to improve services to our members.
• Develop and implement a comprehensive communication and education program for employers.
• Increase education outreach to members in the early to mid-career stage.
• Set contribution rates for FY 20 & 21, using the June 30, 2017 valuation.

2019-2020 (FY 20)

• Review and adjust the three-year strategic plan as appropriate.
• Continue implementation of data security enhancement recommendations.
• Continue implementation of PGV3 upgrade.

2020-2021 (FY 21)

• Continue implementation of data security enhancement recommendations.
• Continue implementation of PGV3 upgrade.
• Evaluate progress on all objectives and initiatives over prior 24 months to determine what has been achieved and what still needs to be addressed.

 NOTES

• Plan does not address day-to-day issues such as managing implications of legislative action or litigation outcomes, which may be material, but are entirely unpredictable. Also, see KPMs for performance measures.
• FY 20 and FY 21 will be reviewed and adjusted depending on results of FY 19.