2020 was a year unlike any other. We learned that, for public finance officials, considering alternative funding approaches to address Pension Liabilities is critical to dealing with both long-term costs and short-term budget needs. For our first webinar of 2021, we will focus on Pension Obligation Bonds and other UAL Restructuring techniques. This webinar will weave together multiple perspectives featuring experts from technology, public finance, and local government, allowing attendees to gain a holistic understanding of POBs and the best approach to evaluate if refinancing and restructuring your public agency’s unfunded liability makes sense.

Key learning objectives:

• Gain a basic understanding of the mechanics of POBs.
• Understand why there is an increased interest in POBs.
• Understand the risks associated with issuing debt to restructure a CalPers UAL.
• Learn key points of consideration and analysis around assessing if a POB is right for your agency.
• Understand how GovInvest can assist during a POB evaluation process; specifically regarding “what-if” stress testing and other agency-specific scenario analysis to address POB re-investment risk.
• Understand what types of analysis should be done post issuance.
• Learn how we work in tandem with these strategies.