If you do not already have a KPMG Institutes account you must first create an account to register for this event.
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