Politics of Public Sector Pensions
After recent GASB changes, city pensions’ unfunded liabilities have taken far greater prominence in financial statements. Given the key role pensions play in public sector compensation, city leaders need to know how these plans affect the bottom line in terms of cost as well as recruiting and retaining a skilled workforce. No matter if your city or state manages retirement benefits, this session will cover the basics every elected official should know – including your role and the questions you should ask those administering these funds. The session will also cover retiree healthcare options (OPEB) and potential for savings and reform.
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