CalPERS released actuarial valuation reports to agencies across California. Join us to discuss and understand the information in these reports, and how this impacts your government agency’s pension plans.

Key learning objectives:

• Discuss CalPERS actuarial valuation reports for year ended on June 30, 2019
• Explain why employer contributions change, and analyze this year’s results in comparison to previous years.
• Assess how much employers need to contribute, and if it’s expected to increase in the future
• Discuss the impact on liabilities if CalPERS lowers the discount rate again
• Differentiate between reports for agent plans vs. plans in the risk pool