Investors think that the next few years will remain bleak as far as pension plan funding, with slow economic growth, low interest rates, and low returns on investments. As fund balances fall, critics continue to call for reform, saying that local pension funds will bring their sponsoring governments to financial ruin. In truth, the financial health of different municipalities is difficult to determine, and difficult to communicate to legislators, citizens, and the press. Attend this session to understand an government’s total cost burden and the relationship between pension and other postemployment benefit costs, debt service, revenue, and long term sustainability.
It's Complicated! How to Update the Public about Your Pension Relationship Status
Sunday, May 21, 2017 - 2:40pm to 3:30pm
Field of Study: