This presentation was given by Sujit M. CanagaRetna, Senior Fiscal Analyst at the SLC, on May 9, 2009, at the 2009 SLC Legislative Service Agency Spring Meeting in Miami, Florida. Both the presentation and the remarks are included here.
Broadly, this presentation comprises five interconnected parts. Part I explores the impact of recent market losses on state retirement systems. Part II reviews why it is important for policymakers to focus on the financial position of state retirement systems. Part III looks at where we stand in terms of state pensions and Part IV provides a snapshot of several key developments related to these plans. Finally, Part V describes the various strategies deployed in states across the country to bolster their pension systems.
This presentation was given by Sujit M. CanagaRetna, Senior Fiscal Analyst at the SLC, at The Council of State Governments Leaders’ Meeting on February 21, 2009, in Washington, D.C. Both the presentation and remarks are included here.