Session from the 2011 Enrolled Actuaries Meeting
03/29/2011 - 8:45 am - 10:30 am
Session Category: General Sessions
Credits: EA Core 0.90 EA Noncore 0.90 CPD 1.80
As taxpayers and as users of public services such as roads, rails, parks, and libraries, each of us is affected by the emerging funding problems of public pension plans. Many plans are poorly funded, facing increasing contribution levels, and threatening the budgets and the bond ratings of their sponsors. The press has been focusing on this emerging crisis, including the appropriate role of the actuarial profession and the effects of actuarial practices.
Come listen to representatives of plan sponsors and think-tank experts as they discuss the valuation and management of public pension plans for valuable insights into a problem that affects us all.