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HEARING: Chairman Boustany Announces Hearing on the Transparency and Funding of State and Local Pension Plans

May 05, 2011

Focus Of The Hearing:
The hearing will focus on the measurement and transparency of funding levels of State and local pension plans and will explore whether improvements to those plans’ actuarial assumptions – and enhanced transparency in the reporting of the financial health of those plans – are warranted.  Among the approaches to these issues that the Subcommittee will review is H.R. 567.

Witnesses:

Honorable Walker Stapleton
Colorado State Treasury
Testimony

Josh Barro
Walter B. Wriston Fellow, Manhattan Institute for Policy Research
Testimony        (Truth in Testimony)

Jeremy Gold
FSA, CERA, MAAA, PhD, Jeremy Gold Pensions
Testimony        (Truth in Testimony)

Robert Kurtter
Managing Director, U.S. Public Finance, Moody’s Investors Service
Testimony        (Truth in Testimony)

Iris J. Lav
Senior Advisor, Center on Budget and Policy Priorities
Testimony

Transcript

Click here to view archive hearing video