Public Pension Funding Forum 2020 | National Conference on Public Employee Retirement Systems (NCPERS) | 24 August 2020 | Virtual Event

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.

2020 Speakers

Hank Kim
NCPERS

Byron Lutz
Federal Reserve Board of Governors

Tom Sgouros
Brown University

Alex Brown
National Assoc. of State Retirement Administrators

David Villa
CEO and CIO, State of Wisconsin Investment Board

Lars Peter Hansen
Nobel Laureate in Economics, University of Chicago

Sanford Rich
New York City Board of Education RS

David Eager
Kentucky Employees Retirement System

Richard Ingram
Illinois Teachers Retirement System

Corey Amon
NJ Division of Investments

Gene Kalwarski
Cheiron

Brian Grinnell
Chief Actuary, State Teachers Retirement System of Ohio

Richard Young
New York State Teachers Retirement System

2020 Sponsors

PLATINUM:
• CHEIRON

GOLD:
• nuveen