How Inflation Impacts Plan Design and Funding
Member Price
$
60.00
Non-Member Price
$
120.00
In this CCA retirement series webinar speakers discuss the importance of understanding the effects of inflation on investment return, payroll growth and a defined benefit plan’s funding level. Inflation has averaged a little over 3% over very long periods but has been much higher in 2022. To the extent that higher inflation leads to higher payroll growth, it can cause retiree liabilities to be a smaller portion of total liabilities and smaller relative to payroll than they would be if there were less inflation. This can be a downward driver on plan funding requirements.
Speakers:

Judith A. Kermans
Gabriel Roeder Smith & Company

Mr. Brian B. Murphy
Gabriel Roeder Smith & Company

Todd David Kanaster
S&P Global Ratings, US Public Finance