Video: How Are States Responding to Pension Costs?

This presentation was given by Dana Bilyeu, Executive Director of NASRA, at the 2014 CSG National Conference.

From the video description:

This session explored what’s in store for your state in 2015 and beyond as experts forecast fiscal and economic trends for states and the nation. The discussion focused on the most significant fiscal and economic issues facing states— public pensions, tax reform and ways to foster entrepreneurship—and included insights about how states are tackling similar concerns.

Video: Public Pension Issues in 2014 and Beyond

This presentation, Public Pension Issues in 2014 and Beyond, was given by Paul Angelo at the 2014 CSG National Conference. Angelo is the Senior Vice President and Actuary for Segal Consulting

The video description reads:

Shortfalls in state-run retirement systems continue to grow, and in the 2012 fiscal year, the gap between promises to state workers and funding in the accounts reached $915 billion. Unfunded pension obligations can have significant implications for a state’s fiscal stability, including lower credit ratings, increased borrowing costs and the diversion of state resources away from other spending priorities like infrastructure and education.