Bonita Wurst to Serve on Actuarial Panel at the NCTR Annual Conference

Events​

October 13, 2021

Bonita Wurst to Serve on Actuarial Panel at the NCTR Annual Conference

Bonita Wurst will serve on an actuarial panel for the session “Asset Allocation and the Investment Return Assumption” during the 2021 National Council on Teacher Retirement (NCTR) Annual Conference.

Overview:  Top industry actuaries explain how investment risk helps shape sound asset allocations that determine the investment return assumption – and not the other way around.

The virtual conference is being held October 11-14, 2021.   

Actuarial ABCs: Demystifying Your Valuation

Events​

October 6, 2021

Actuarial ABCs: Demystifying Your Valuation

Jim Anderson and Mike Kosciuk will present the session Actuarial ABCs: Demystifyng Your Valuation at the Michigan Goverment Finance Officers Fall Training Institute. 

Session Summary: Given that public pension plans face an extraordinary level of scrutiny, understanding the actuarial valuation is an invaluable tool. After this fun and interactive  session, you will understand that the valuation is more than a book full of numbers and be able to leverage the knowledge you gain to help explain the key components of the actuarial valuation to key stakeholders. 

Pete Strong to Speak at the FPPTA Fall Trustee School Conference

Events​

October 5, 2021

Pete Strong to Speak at the FPPTA Fall Trustee School Conference

Pete Strong will present the session “Establishing a Funding Policy” at the 2021 Florida Public Pension Trustees Association (FPPTA) Fall Trustee School Conference. The conference is being held October 3-6, 2021 in Ponte Vedra Beach, Florida. 

Overview: A Funding Policy is a written document that sets the policies for determining how much the Plan Sponsor(s) should contribute to a pension plan and when. This session presents the primary elements of a Funding Policy, why it is important for a pension plan to have one, and the steps involved to create one.

GRS Consultants to Speak at the FPPTA Fall Trustee School

Events​

October 5, 2021

GRS Consultants to Speak at the FPPTA Fall Trustee School

Brad Armstrong, Nicolas Lahaye, and Jeff Tebeau will present the session “Employer Contribution Stabilization Techniques to Consider Now!” at the 2021 Florida Public Pension Trustees Association (FPPTA) Fall Trustees School.  The conference is being held from October 3-6, 2021 in Ponte Vedra Beach, Florida.

Overview: Many pension plans were 100% funded in the late 1990s.  Are we back there yet?  What can we learn from the past and present to apply to lessening the volatility of future employer contributions?  During this session, GRS consultants will explore the opportunities public employee retirements systems may have to stabilize future employer contributions as they reach 100% funding and experience investment gains.