Event Calendar

REPORT FROM OLYMPIA: THE STATE OF OUR STATE'S PUBLIC PENSION SYSTEMS
Bellevue Location
(This is not a CFA Seattle Sponsored Event)

  This event is closed for registration
Date: 3/17/10
Time: 7:15AM
Member Cost: $60.00
Nonmember Cost: $60.00
This is the same event as the 16th but for the Eastside Members.
Location: Bellevue Club

Address: 11200 SE 6th Bellevue, WA

Parking: Free

Dress Code: SUit or Business Casual

Speaker(s): Matthew Smith, EA
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.