Ignoring the Bright Lights: Going Beyond the Funded Ratio

Ignoring the Bright Lights: Going Beyond the Funded Ratio

Conference Registration

Session Details

Date: Tuesday, July 1

Time: 3:35 pm - 4:50 pm ET

2 CPE credits

Level: intermediate

Field of Study: Finance

Location: Room 151

When examining pension plans, many stakeholders and the media tend to zero in on one particular number: the funded ratio. However, the funded ratio tends to oversimplify pension plans, leaving out important details about their health, funding, and trajectories over time.

Attend this session to hear a discussion on funding levels of retirement plans, related public perception, and what is truly important about achieving funding goals and plan affordability over time.

Learning Objectives

  • Define the funded ratio.

  • Explain the shortcomings of the funded ratio as an indicator of a pension plan's health.

  • Discuss alternative approaches to conversations about long-term pension plan funding goals and plan affordability.

Speakers

  • Doug Fiddler

    Senior Actuary, South Dakota Retirement System

  • Tina Lausier

    Director of Accounting, Milwaukee County, Wisconsin

  • Todd Tauzer

    National Public Retirement Leader, Segal, San Francisco, California