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The 2015 Pension 40: Hank Kim

No. 36 Hank Kim, Executive Director and Counsel / National Conference on Public Employee Retirement Systems

Hank Kim
Executive Director and Counsel / National Conference on Public Employee Retirement Systems
Last year’s rank: Not ranked

Hank Kim’s job defending and promoting public sector pensions, which invest some $9 trillion in assets in 50 states and many more municipalities, keeps him busy. But in 2010, Kim, executive director and counsel for the Washington-based National Conference on Public Employee Retirement Systems (NCPERS), was drawn to the private sector workforce, where half of full-time workers lack access to employer-sponsored retirement plans. In 2011, Kim launched the Secure Choice Pension, a multiple-employer cash-balance plan that could be offered at the state level via payroll deductions. States including Arizona, California and Illinois showed interest, but after financial industry opposition mounted, they opted to keep the Secure Choice moniker while changing the design to an individual retirement account. “The future still is possible for pensions,” Kim says. “The critics can contend that they are dinosaurs and underfunded, but the one thing they consistently fail to do is offer a plausible alternative, and that’s why we have these state initiatives.” Kim earned a JD from Indiana University, then returned home to New Jersey and a staff job with then–U.S. senator Bill Bradley. After working on tax and health care issues for Bradley, Kim moved to the International Association of Fire Fighters union. He is now working on a code of conduct for vendors to public pensions.

The 2015 Pension 40

1. Bruce Rauner
2. John & Laura Arnold
Laura and John Arnold Foundation
3. Chris Christie
New Jersey
4. Randi Weingarten
AmericanFederation of Teachers
5. Phyllis Borzi
U.S. Department of Labor
6. Kevin de León
7. Alejandro García Padilla
Commonwealth ofPuerto Rico
8. Laurence Fink
9. Rahm Emanuel
10. Sean McGarvey
North AmericanBuilding Trades Unions
11. John Kline
12. J. Mark Iwry
U.S. TreasuryDepartment
13. Damon Silvers
14. Jeffrey Immelt
General Electric Co.
15. Joshua Gotbaum
Brookings Institution
16. Robin Diamonte
United Technologies Corp.
17. Mark Mullet
18. Terry O'Sullivan
Laborers' International Union of North America
19. Raymond Dalio
Bridgewater Associates
20. Ted Wheeler
21. Thomas Nyhan
Central States Southeast and Southwest Areas Pension Fund
22. Karen Ferguson & Karen Friedman
Pensions Rights Center
23. Randy DeFrehn
National Coordinating Committee forMultiemployer Plans
24. Robert O'Keef
Motorola Solutions
25. Caitlin Long
Morgan Stanley
26. Kenneth Feinberg
The Law Offices of Kenneth R. Feinberg
27. Orrin Hatch
28. Kathleen Kennedy Townsend
Center for Retirement Initiatives, Georgetown University
29. Ian Lanoff
Groom Law Group
30. Joshua Rauh
Stanford Graduate School of Business
31. Ted Eliopoulos
California Public Employees' Retirement System
32. Edward (Ted) Siedle
Benchmark Financial Services
33. Teresa Ghilarducci
New School for Social Research
34. Denise Nappier
35. W. Thomas Reeder Jr.
Pension BenefitGuaranty Corp.
36. Hank Kim
National Conference on Public Employee Retirement Systems
37. Paul Singer
Elliott Management Corp.
38. Bailey Childers
National PublicPension Coalition
39. Amy Kessler
Prudential Financial
40. Judy Mares
U.S. Labor Department

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