REPORT FROM OLYMPIA: THE STATE OF OUR STATE'S PUBLIC PENSION SYSTEMS
Seattle Location
(This is not a CFA Seattle Sponsored Event) |
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This event is closed for registration
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| Date: |
3/16/10 |
| Time: |
5:00 PM - 7:00 PM |
| Member Cost: |
$60.00 |
| Nonmember Cost: |
$60.00 |
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If you are a WP&BC member, the cost $45, non-member $60. |
| Location: |
McCormick & Schmick's Harborside |
| Address: |
1200 Westlake Avenue North
Seattle, WA 98109 |
| Parking: |
$3.50 With Validation |
| Dress Code: |
Suit or Business Casual |
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Speaker(s):
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Matthew M. Smith |
| Event Description: |
| According to a new report by the Pew Center on the States, a $1 trillion gap exists between what states have promised public employees in pension and retiree healthcare benefits and the assets they have on hand to pay for them. What's the state of our state's public pension systems? What's the outlook for these systems in light of significant state and local government revenue shortfalls? What changes might we see in the future? Matt Smith, State Actuary for the State of Washington, will address these questions and more at the March meeting of the WP&BC. |
| Other Information: |
| Matthew M. Smith is an Enrolled Actuary (EA), Fellow of the Conference of Consulting Actuaries (FCA), and is a member of the American Academy of Actuaries (MAAA). He serves on the American Academy and Conference of Consulting Actuaries Public Plan Subcommittees. He is Washington's third State Actuary and serves as executive head of OSA and oversees the annual actuarial valuations of 14 public retirement plans. OSA also provides staff and assistance to the Select Committee on Pension Policy (SCPP), a 20-member statutory committee. The SCPP studies issues and policies affecting the Washington State Retirement Systems and makes recommendations to the Legislature. Matt directs research and policy staff in support of the SCPP. |
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