Unfunded pension liabilities continue to remain front-page news today. This is primarily because taxpayers as well as corporate and public officials need to know the size of their financial obligations for retirement benefits in order to assess how much it will cost today and in the future to meet those obligations. But alternative measures of pension liabilities are increasingly being reported in the press. In fact, it seems like everyone has an opinion on the issue today, including actuaries, accountants, economists, bond rating agencies, finance professionals and the press. One measure might peg the size of the unfunded pension liability as two or even three times the size of another measure. As a result, a great deal of confusion and controversy has resulted over these different measures of pension liabilities.

The purpose of this webcast is not to debate the various measures of pension liabilities, but rather to summarize, compare and contrast the various measures of pension liabilities and describe the purpose of each measure for corporate, public and multiemployer pension plans in the US.

Speakers