Piotr Krekora to Participate on Speaker Panel at the CCA Annual Meeting

Events​

October 18, 2022

Piotr Krekora to Participate on Speaker Panel at the CCA Annual Meeting

Piotr Krekora will serve as a panel speaker for the topic “COVID-19: Impact on Demographic Assumptions” at the 2022 Conference of Consulting Actuaries (CCA) Annual Meeting.

COVID-19 has altered the actuarial landscape as trends in mortality, morbidity, retiree health care costs, turnover, payroll growth, and actuarial experience have shifted.  The panel discussion will cover the impact of these changes on pension and OPEB assumptions and actuarial models.

 The CCA Annual Meeting is being held October 16-19, 2022 in Austin, Texas.

GRS Consultants Present at Fall 2022 MAPERS Conference

Events​

September 19, 2022

GRS Consultants Present at Fall 2022 MAPERS Conference

Judith Kermans and Jamal Adora presented the session “Inflation: The Leak in the Pension Boat” at the  Michigan Association of Public Employees Retirement Systems (MAPERS) Fall 2022 Conference. 

The session covered the effect of inflation on retirement system operation, with an emphasis on the retirement security of current and future retirees. Inflation affects many aspects of retirement, such as investment return, purchasing power, wage increases, and plan provisions for cost-of-living adjustments. Due to inflation’s broad impact on public employee retirement systems, it is important for trustees and current and future retirees to understand the effects of inflation and have a plan for managing its impact.

 

Brian Murphy to Participate on Speaker Panel at the NCTR 100th Annual Conference

Events​

October 10, 2022

Brian Murphy to Serve on Actuarial Panel at the NCTR Annual Conference

Brian Murphy will participate in an actuarial panel at the National Council on Teacher Retirement (NCTR) 100th Annual Conference. The session “Looking Ahead: Coping with the Financial Costs of Risk and Uncertainty” will cover ASOP 4 implementation, funding policy, actuarial assumptions and system experience.

The NCTR Conference is being held from October 8-11, 2022 in Tucson, Arizona.