United States

CalPERS Pension Liabilities: Trends, Budget Considerations, and Planning for the Future

Monday June 19, 2017 10:00 AM - 11:30 AM PDT
From Advisory Institute

BEST BEST & KRIEGER and KPMG ADVISORY INSTITUTE

Event Overview

Join us for a discussion of recent developments and innovative solutions for addressing the growing CalPERS employer contributions and pension liabilities. This webcast is targeted to California public agencies that provide retirement benefits through CalPERS. 

Many public employers have experienced steadily increasing CalPERS employer contributions and pension liabilities over the last few years. Given the recent decrease in the investment return assumption used to calculate employer contributions and liabilities that must be recorded in financial statements under GASB rules, public employers should be aware of the impact future events could have on CalPERS employer contributions and pension liabilities as well as the agencies’ overall financial stability. 

During this webcast, our panel of legal and actuarial specialists will:

  • Describe the current CalPERS pension environment for California public agencies and legal avenues to reduce employer contributions and pension liabilities
  • Explain how to evaluate the financial health of a public agency
  • Discuss the impact of future events related to CalPERS retirement benefits on employer contributions and financial liabilities, and solutions to mitigate that impact
  • Review case studies and practical applications of solutions
Our speakers include:
Denis Roy, KPMG
Managing Director, Advisory
Pension & Retirement Benefits Practice

Yuri Nisenzon, KPMG
Director, Advisory
Pension & Retirement Benefits Practice

Isabel Safie, Best Best & Krieger
Partner
Employee Benefits and Executive Compensation Practice

Katrina Veldkamp, Best Best & Krieger
Associate
Employee Benefits and Executive Compensation Practice

Isabel Safie

Partner, Employee Benefits Practice Best Best & Krieger LLP

Yuri Nisenzon

Director, Pension & Retirement Benefits Practice KPMG LLP (U.S.)

Katrina Veldkamp

Associate, Employee Benefits Practice Best Best & Krieger LLP

Denis Roy

Managing Director and National Practice Leader, Pension & Retirement Benefits Practice KPMG LLP (U.S.)