This one-and-a-half-day conference highlights research and encourages a dialogue on the economic and financial market impacts of the fiscal burden on state and local governments resulting from underfunded public pension plans. To explore this topic, the conference will focus on three major themes:
- The challenges state and local governments face in restoring balance in the funding of public pension plans
- The impact of economic conditions, financial market volatility, and low interest rates on public pension plan investment portfolios
- The ambiguity and evolution of the current legal environment regarding public pension reform
- The conference will feature research and policy sessions including both presentations and discussion panels on related agenda topics.
For more information and to register: http://www.clevelandfed.org/events/2013/pensions/index.cfm
Sponsored by the Federal Reserve Bank of Cleveland