Webinar - Interpreting and Communicating the New CalPERS Actuarial Report
Tell a Friend About This EventTell a Friend
 

9/11/2019
When: Wednesday, September 11, 2018
2:00 pm - 3:30 pm
Where: Webinar
United States
Contact: Don Maruska

« Go to Upcoming Event List  

Interpreting and Communicating the New CalPERS Actuarial Report - Webinar
Wednesday, September 11, 2019 2:00pm-3:30pm

With increases in CalPERS contribution requirements, local government finance professionals need to be ready to present and explain the data driving the numbers. Register for this webinar to learn the latest on interpreting your June 30, 2018, actuarial report and obtain helpful suggestions for communicating this critical information in key budget and other planning situations. Invite your human resources colleagues to join you.

Advance registration required for this no-charge webinar:
https://attendee.gotowebinar.com/register/6931723023917435660  

IMPORTANT: Please download your agency’s report in advance and have it at hand so that you can follow along. Your agency’s report will be available by the end of August through your my|CalPERS account or on CalPERS website (www.calpers.ca.gov and search for Public Agency Actuarial Valuation Reports). 

Webinar Objectives:
1. Learn how to interpret this year’s CalPERS actuarial report for your agency.
2. Analyze the sensitivity of contribution requirements to CalPERS investment returns.
3. Review briefly some alternatives for managing your unfunded accrued liabilities (UAL) 
4. See an example of how to communicate the information to elected officials, labor groups, and public.
5. Identify CalPERS resources to help you with questions.

Presenters:
* Julian Robinson, Senior Pension Actuary, CalPERS
* Nina Ramsey, Associate Pension Actuary, CalPERS
* Rich Lee, Finance Director, San Mateo, CA

Audience: local government finance professionals and human resources colleagues 

Get connected with these steps. 

1. Register in advance for the webinar:
There is no charge for participating in the webinars, but each requires advance registration. 
*** Advance registration required for this no-charge webinar: 
https://attendee.gotowebinar.com/register/6931723023917435660         

Be sure to "white list" or "allow" emails from [email protected] to receive notices for this webinar.

2.  Connect with the webinar and audio:
Use your logon information from the email confirmation you receive via email from GoToWebinar. We recommend the telephone option dial-in number provided by GoToWebinar for sound quality. Depending upon your internet connection, VOIP option for audio (computer speakers) can have delays or sound quality issues.

3. Ask questions:
You may submit questions anonymously via email to [email protected] in advance or via the webinar during the panel discussion. As moderator for the session, Don Maruska will pose the questions. 

4. Presenters’ presentation materials: We post these with the agenda at “Agendas & Archives” tab of www.csmfo.org/training/webinars. The PPT will be available 24 hours before the webinar.

After a webinar occurs, a digital recording along with the PowerPoint materials and results of the polling questions will be available after 24 hours at the "Agendas & Archives" tab of www.csmfo.org/training/webinars.    

CPE Credits: If you are a member of CSMFO in California and wish to obtain CPE credit, you need to register and attend in your name, indicate that you wish to receive CPE credit in the registration process, and respond to at least 75% of the live polling questions. CSMFO staff will review the results and send CPE certificates via email to those who have qualified. CSMFO has waived the fee for members in California. If you are from a state other than California, you need to express your interest in CPE credits to your state association.

Post-Webinar Group Discussions
Many agencies are organizing groups to participate in the webinars (live or recorded) and discuss the topics among themselves after the webinars. Some are summarizing their discussions and distributing them to managers throughout their organizations. Use the CSMFO Coaching Program as an effective way to enhance professional development in your agency. Here are some discussion starters for this session:
a. What are the implications of the actuarial report for our budget, labor discussions, etc.?
b. How will we communicate the information?
c. What’s our plan for managing CalPERS contribution requirements?              

MORE RESOURCES--See the "Coaching Corner" at www.csmfo.org/coaching for valuable resources to boost your career. These include a Financial Management Skills Inventory, Resource Matrix, Coaches Gallery of 24 volunteer CSMFO Coaches willing to help you on a one-to-one basis, and an archive of digital recordings and materials from past webinars at www.csmfo.org/training/webinars.  

Enjoy the resources to help you succeed in local government finance.