2013 Conference on Public Pension Underfunding

Sponsored by the Federal Reserve Bank of Cleveland

This one-and-a-half-day conference highlights research and encourages a dialogue on the economic and financial market impacts of the fiscal burden on state and local governments resulting from underfunded public pension plans. To explore this topic, the conference will focus on three major themes:

  • The challenges state and local governments face in restoring balance in the funding of public pension plans
  • The impact of economic conditions, financial market volatility, and low interest rates on public pension plan investment portfolios
  • The ambiguity and evolution of the current legal environment regarding public pension reform

The conference will feature research and policy sessions including both presentations and discussion panels on related agenda topics.

Conference Format

The conference will bring together economists, legal scholars, subject matter experts, and industry practitioners to discuss recent research, share insights on emerging issues, and consider the policy dimensions stemming from the obligations of state and local governments.

Research Presentations — These sessions will follow the format of an academic workshop and comprise submitted research or white papers related to public pension plans, public finance, and public pension legal reform.

Policy Discussions — These sessions will provide a platform for speakers and panelists including policymakers, academics, and industry experts to share their insights on the policy dimensions of state and local government finance, public pension funds, and emerging legal issues.