307 - Risk Sharing: An Oasis in the Pension Funding Desert
As public pension plans face shifting economic climates, many of the states’ largest systems have moved beyond traditional designs to embrace sophisticated risk sharing mechanisms. But does shifting the “heat” actually keep the plan cool? Join us for a deep dive into the inner workings of major public plans as we hear directly from in-house actuaries who have navigated these waters. This session moves past the rhetorical to examine the real-world “lessons learned” from implementing and managing Variable COLAs and cash balance designs.
Speakers:
Kevin Scott Spanier
Gallagher
Todd David Kanaster
S&P Global Ratings, US Public Finance