Public Pension Plan Solvency: Crisis or Myth?

08/21/2019 - 11:30 AM – 12:45 PM CT
Credits: EA Non-Core 1.50, CPD 1.50

Are public pension plans headed toward bankruptcy? Will public pension plan defaults cause the next big financial crisis? Panel members discuss these and other “big” questions about the future of public pension plans.

Note that any allocation of EA credit depends on the actual content of the session.

Speakers:

1. Kenneth J. Herbold - Texas Pension Review Board
2. Todd Nathan Tauzer - Segal Consulting
3. Thomas Aaron - Moody's Investors Service Inc.
4. Brian M. Septon - The Terry Group
5. Anthony Randazzo - Equable Institute
 

2019 Webinar Series

Registration for the entire 2019 CCA Webinar Series is open for individual events and series subscriptions. Click here to view the expanded offerings and options for 2019. For detailed information about registration options, please review the Webinar Policy and Fees Document (PDF).

We hope that you are planning to join over 500 of your colleagues at the CCA Annual Meeting in San Antonio. Due to record-breaking attendance, the JW Marriott is currently utilizing a wait list for additional hotel reservations. To add your name to the wait list, please contact the CCA office at conference@ccactuaries.org or 847-719-6500 with your name, phone number, e-mail address, and dates of arrival and departure. We are forwarding all requests as they arrive to the Marriott’s reservations department, and they will contact individuals on a first-come/first-served basis as additional rooms become available.

While we expect many people on the list to receive reservations as we get closer to the meeting, we cannot guarantee that everyone on the list will receive a reservation. For that reason we are providing a list of alternative hotels near the JW Marriott San Antonio so you can secure alternative arrangements. We apologize for the inconvenience, but we expect the 2019 CCA Annual Meeting to be one you won't want to miss.

Have an upcoming client meeting in the health sector and are just starting out or need a refresher course? Where do you go?

Look no further than CCA’s new E-Learning module: Demographic Contributions to Medical Expense Cost and Trends. Developed by CCA with the assistance of Mercer Partner Rich Bailey, this module guides you through how demographic data such as age, gender, and location contribute to the potential cost of employee medical expense.  

This interactive module is available at no cost. 

Visit the E-Learning Section under Education to learn more!

At the CCA, you don’t just get continuing education credit, you get professional advancement.

The CCA is a community of leaders eager to share what they know with the next generation of actuarial leaders. I’ve approached many of you over the past year to inquire about what you like most about the CCA and where we can improve. Time and time again, I hear that the CCA offers continuing education opportunities that provide relevant, practical and timely information – full of insights that can be taken back to their everyday job and put into application to better serve the public, those that employ them, and the clients that rely on their trusted advice.

Our members benefit from a different perspective than what might be achieved solely through internal educational opportunities or self-study. Whether it be through our Community calls, webinars, or meetings, members get the benefit of the best actuarial experts in their fields and the opportunity to interact directly with these leaders – asking questions and challenging perspectives. This interactive approach to sharing ideas with practical applications for what we do today helps us all become leaders - making us better able to elevate ourselves, our employers, and our profession.

Continuing education credit is a requirement of our profession, but the CCA goes beyond just that offering. What I hear is we are very good at providing the right platform to move the profession forward – Advancing the Practice, if you will, as our tagline suggests. That’s not by accident, that's because it’s our focus and part of our mission. It’s what the staff of the CCA, the Board of Directors, and the many other volunteers of the CCA understand as being what differentiates the CCA in our profession and what our members value.

I’m proud to get the feedback and confirmation that we are on the right path. That won’t stop us from trying to improve, however, so if you have suggestions don’t hesitate to reach out to me.

Edward M. Pudlowski, FCA
President

Released at the Enrolled Actuaries Meeting starting in 1998, the "Blue Book" is a compendium of questions from actuaries and answers from the Pension Benefit Guaranty Corp. (PBGC). The 2019 Blue Book is now available, with access to the complete set of Blue Books available through the PBGC website.

The Blue Book Index is a complementary catalog of these materials, sorted by topic, to the full set of Blue Books. Click here to access the 2019 Blue Book Index through the CCA website.

CCA members may now access their complimentary digital membership to The Wall Street Journal. From breaking news to politics, business and more—get a global perspective with unlimited digital access to the Journal.

To activate your subscription, login to the CCA website and visit the Wall Street Journal Subscription page under Member Resources.

For more information and FAQs, please visit here.

Become a strategic sponsor of the CCA and immerse yourself in the world of the top purchasers and influencers in the marketplace for public and private pension instruments, employee benefits, and healthcare services.

Engage with industry leaders one-on-one - with the kind of undivided attention that only comes with interpersonal exchanges by becoming a CCA Sponsor.

Click here to learn about the various Sponsorship Opportunities available, including the Annual Meeting, Enrolled Actuaries Meeting, and Webinars.

To secure your sponsorship or discuss sponsorship options, please contact Marie Shaw at 847-719-6500 or by email at mshaw@ccactuaries.org.

There are a variety of ways for CCA members to participate. For more information, view our Get Involved With the CCA interactive graphic, where the responsibilities and time commitments for each opportunity are outlined.

Once you match your talents and interests, please complete the Member Engagement form.

Experienced CCA volunteers are encouraged to volunteer for the Board of Directors. To help you determine whether this is a match for your talents, consider the duties involved. Contact the CCA office at conference@ccactuaries.org for details.

Updated: May 15, 2019

Twice a year the Intersector Group meets with representatives of the U.S. Department of Treasury (Treasury Department), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) to dialogue with them on regulatory and other issues affecting pension practice. Click here to view notes from meetings with the IRS, Treasury, and PBGC on regulatory issues affecting pension practice.