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Funding Levels of State Pension Plans: Are Things Improving?
Friday, May 2, 2014 | 2 p.m. ET/ 1 p.m. CT/ Noon MT/ 11 a.m. PT
NCSL and The Pew Charitable Trusts provide an update on the latest comprehensive data from state pension plans, and discuss important recent developments in the area of public sector retirement systems. The webinar features Pew’s recent update on state pension liabilities, how they’re changing, and state actions to address these funding challenges.
Report from The Pew Charitable Trusts: The Fiscal Health of State Pension Plans: Funding Gap Continues to Grow
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- David Draine, senior researcher, Public Sector Retirement Systems, The Pew Charitable Trusts
Draine is a senior researcher at the Pew Center on the States. He serves as a principal investigator and methodologist on Pew’s research agenda on state fiscal health, economic competitiveness, and other state policy issues, particularly in the area of state budgets and fiscal health. Draine has been a lead researcher on a number of groundbreaking studies looking at state-run public employee retirement systems. Pew’s work in this area has been cited widely in national media, as well as state and local print and broadcast outlets. In addition to his expertise on public sector retirement benefits, Draine has conducted research and analysis across the 50 states that inform state policy decisions on a wide range of issues, including state transportation investments, state revenue systems, economic development, and mortgage lending. He holds a bachelor of arts in history from Princeton University and a master of arts in public policy from Johns Hopkins University.
Keith Brainard, research director, National Association of State Retirement Administrators
As research director for the National Association of State Retirement Administrators, Brainard collects, prepares and distributes to NASRA members news, studies and reports pertinent to public retirement system administration and policy. Brainard is co-author of "The Governmental Plans Answer Book," Third Edition, and he created and maintains the Public Fund Survey, an online compendium of public pension data sponsored jointly by NASRA and the National Council on Teacher Retirement. He created the State and Local Pension Exchange, predecessor to the Public Fund Survey and recipient of the Award for Excellence in Government Finance from the Government Finance Officers Association. He has discussed public pension issues before Congress, state legislative committees, public pension boards of trustees, and on multiple media outlets. He previously served as manager of budget and planning for the Arizona State Retirement System and he provided fiscal research and analysis for the Texas and Arizona legislatures. Brainard currently serves on the Texas Pension Review Board. He earned his master’s degree from the University of Texas at Austin, LBJ School of Public Affairs.
Luke Martel, senior policy specialist, Fiscal Affairs Program, National Conference of State Legislatures
Luke Martel is a senior policy specialist in the Fiscal Affairs Program at the National Conference of State Legislatures in Denver. He has been with NCSL since 2007, and his present work focuses on state pensions and retirement system policy. At NCSL he has also worked on several other fiscal issues, including state budget policy, state tax policy, and state economic development initiatives. In his work at NCSL, he provides information to legislators, legislative staff, and members of the media, and testifies before legislative committees. Before joining NCSL, Martel served as a legislative aide in the Texas House of Representatives. He is licensed to practice law in Colorado.
This webinar is made possible with the generous support of The Pew Charitable Trusts.
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Mac®-based attendees required: Mac OS® X 10.6 or newer<
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