Fwd: Friday, September 30, 2011: Conference: Has NJ Solved the Pension & Retirement Health Benefit Proble
Coalition Effective
From: Wander Richardson <Wander.R...@dol.lps.state.nj.us>
Date: Tue, Sep 6, 2011 at 2:54 PM
Subject: Fwd: Friday, September 30, 2011: Conference: Has NJ Solved the Pension & Retirement Health Benefit Proble
To: Wander Richardson <Wander.R...@dol.lps.state.nj.us>
Interesting.........
---------- Forwarded message ----------
From: "Irene Welch" <ire...@andromeda.rutgers.edu>
To: "Mailing List" <ire...@rutgers.edu>
Date: Tue, 6 Sep 2011 13:15:56 -0400
Subject: Friday, September 30, 2011: Conference: Has NJ Solved the Pension & Retirement Health Benefit Problem?
HAS NJ SOLVED the PENSION & RETIREMENT HEALTH BENEFIT PROBLEM?
WHAT WAS ACTUALLY ACCOMPLISHED & WHAT IS FACING OTHER GOVERNMENTS?
Sponsored by:
School of Public Affairs and Administration, Rutgers University
&
Hall Institute of Public Policy, Trenton, New Jersey
Paul Robeson Campus Center –Multi-Purpose Room- Rutgers University-Newark
350 Martin Luther King, Jr. Boulevard, Newark, NJ 07102
Friday, September 30, 2011
PROGRAM DESCRIPTION:
Pension and Retirement Health Benefit costs are a significant budget problem for most state and local government. The state of New Jersey faced some of the biggest issues of any state such that its unfunded liability for both segments of these retirements aggregated in excess of
$ 121 billion. Significant changes were made to both pension and health benefits by the Governor and the Legislature, effective immediately – on a phased-in basis.
This Forum will explore the changes that were made, including the impact on state and local government budgeting; the impact on employees and labor relations; the impact on the retirement and health systems; the impact it has made to the credit rating of the state and its jurisdictions; and what might be the long range impact on the finances of the state.
In addition, we will review the New Jersey changes within the framework of what is happening in other states as viewed by the Pew Center of the States and Fitch Rating Agency – as well as actions being considered in New York City as viewed by the Independent Budget Office of the City of New York.
8:00 a.m. REGISTRATION & BREAKFAST
9:00 a.m. WELCOME & OPENING REMARKS
Marc Holzer, Dean School of Public Affairs & Administration, Rutgers University -Newark
Michael Riccards, Executive Director, Hall Institute of Public Policy, Trenton, NJ
9:10 a.m. INTRODUCTION of KEYNOTE SPEAKERS & MODERATOR
Richard F. Keevey, Distinguished Practitioner in Residence, School of Public Affairs and Administration, Rutgers University -Newark
9:15 a.m. PANEL # 1 KEYNOTE OBSERVATIONS
Ms. Susan Urahn, Managing Director, Pew Center on the States, The Pew Charitable Trusts
Questions and Answers
Honorable Andrew P. Sidamon-Eristoff, Treasurer, State of New Jersey
Questions and Answers
11:00 PANEL # 2 –FURTHER OBSERVATIONS & COMMENTS and QUESTIONS & ANSWERS
Dr. Ronnie Lowenstein, Director, Independent Budget Office for New York City
Mr. Richard Raphael, Executive Managing Director, Fitch Rating Agency
Dr. P. Kelly Hatfield, Chair/CEO, Public Employment Relations Commission (PERC)
Mr. Fred Beaver, Pension Services, Church Pension Group and former Director, NJ Division of Pensions and Health Benefits
Mr. Scott Reeser, Senior Project Manager, Governmental Accounting Standards Board
1:00 p.m. CONCLUSION & WRAP-UP
Reservation: The Forum is free, but registration is required
To register, go to: http://www.formstack.com/forms/?1050409-oexlarnwn2
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