Event Jun 19, 2017

CalPERS Pension Liabilities: Trends, Budget Considerations, and Planning for the Future

Webinar with KPMG Advisory Institute

Best Best & Krieger LLP attorneys Isabel Safie and Katrina Veldkamp will present "CalPERS Pension Liabilities: Trends, Budget Considerations, and Planning for the Future," a 90-minute webinar in conjunction with KPMG Advisory Institute. The discussion includes recent developments and innovative solutions for addressing the growing CalPERS employer contributions and pension liabilities.

Many public employers have experienced steadily increasing CalPERS employer contributions and pension liabilities over the last few years. Given the recent decrease in the investment return assumption used to calculate employer contributions and liabilities that must be recorded in financial statements under GASB rules, public employers should be aware of the impact future events could have on CalPERS employer contributions and pension liabilities as well as the agencies’ overall financial stability. The panel will:

  • Describe the current CalPERS pension environment for California public agencies and legal avenues to reduce employer contributions and pension liabilities
  • Explain how to evaluate the financial health of a public agency
  • Discuss the impact of future events related to CalPERS retirement benefits on employer contributions and financial liabilities, and solutions to mitigate that impact
  • Review case studies and practical applications of solutions


When
Monday, June 19
10 - 11:30 a.m. PDT / 1 - 2:30 p.m. EDT

For more information or to register, click here.

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