NCPERS Public Pension Funding Forum
The issue of pension funding gap, real or not, is often used to change pension plans as we know them. The most common solutions revolve around increasing employee and employer contributions, reducing benefits, and converting lifetime guarantee of defined benefit pensions into do it yourself pension schemes. Regardless of whether these fixes will work in the long run, they do have serious consequences for all stake holders, including employees, employers, taxpayers, local businesses and economies. Analysis of empirical data suggests that undermining pensions increases income inequality which in turn puts a drag on the economy, and in the end everyone suffers.
The Public Pension Funding Forum will examine the obstacles that stand in the way of closing public pension funding gap and explore new solutions to overcome such obstacles, including better risk management in economic cycles, use of new and improved debt instruments, and closing tax loopholes.
The overarching goal of the Forum is to inject some new thinking that might solve the funding challenges without dismantling public pensions, and hence enhance prosperity for all.
WHO SHOULD ATTEND?
- Trustees of state and local pension funds
- Administrators of state and local pension funds
- Officials of state and local finance department/treasurer’s office
- Members of Municipal Bond Community
- Members of Investment Community
- Members of Public Pension Advocacy Community
- Academic and Pension Research Community
This conference is open to members and non-NCPERS members