Todd Tauzer is a Director for Municipal Pensions in the US Public Finance group of S&P Global Ratings. He also serves on the Board of the California Society of Municipal Analysts. Todd is currently helping develop a detailed framework to evaluate the sustainability and security of public pension and OPEB plans across the country. This involves establishing best practice for retirement benefits evaluation through risk identification and assessment, construction of mitigation techniques for distressed plans, enhanced criteria analysis and development for the ratings process, and augmented communication and outreach to all related stakeholders. Internally he works with analysts to deepen their understanding of retirement benefits and consults on related high impact credits.
Prior to joining S&P in January of 2017, Todd was a senior pension actuary at the California Public Employees Retirement System (CalPERS), where he worked for nearly ten years. There he was heavily involved in the Enterprise Risk Management and Asset Liability Management space,
working in tangent with the Financial and Investment Offices to model and evaluate risks and develop industry leading practices to achieve long term system sustainability and risk mitigation. He also conducted analysis on California legislative pension bills, and was the signing actuary for over 350 annual public pension valuations that outlined participant experience, projected future cash flows, highlighted plan sensitivities and risks, and set contribution rates.
Todd is a Fellow of the Society of Actuaries with a specialty in Enterprise Risk Management, a Chartered Enterprise Risk Analyst, a Fellow of the Conference of Consulting Actuaries (CCA), and a Member of the American Academy of Actuaries. He serves on the Conference’s Planning Committee and the Academy’s Public Plans Committee. Todd is also an active member on the University of the Pacific’s Advisory Board for their Actuarial Science program. He was a Regents Scholar at the University of California, Davis, where he earned his Bachelor of Science in Mathematics, Bachelor of Arts in Economics, and his minor in Chinese. A portion of Todd’s undergraduate work was completed at Beijing Normal University (北师大) in China’s capital.