2011 PROCEEDINGS
Link to slides and documents below:
SUNDAY, OCTOBER 9 – PRE-CONVENTION EVENT
Presiding: Ronnie Jung, NCTR President; Executive Liaison, TRS Texas Board
AMERICA’S CHANGING ROLE IN A TRANSITORY WORLD
Speaker: Harm de Blij, Geographer, Author, Professor, Television Personality
MONDAY, OCTOBER 10 – FIRST GENERAL SESSION
Presiding: Ronnie Jung, NCTR President; Executive Liaison, TRS Texas Board
ECONOMIC OVERVIEW
Moderator: Brady O’Connell, Hewitt EnnisKnupp, Inc.
Panelists: Mike Gitlin, Director of Fixed Income, T. Rowe Price
Slides: Economic and Fixed Income Market Overview
Panelists: John Linehan, Director of U.S. Equity, T. Rowe Price
Slides: U.S. Equity Market Update
FUTURE OF RETIREMENT SECURITY
Panelist: Dallas Salisbury, President & CEO, Employee Benefit Research Institute (EBRI)
Slides: Future of Retirement Security
Panelist: Teresa Ghilarducci, Economics Professor, New School for Social Research; and Director, Schwartz Center for Economic Policy Analysis
Slides: High Performance Pensions for All Americans
Panelist: J. Mark Iwry, Deputy Assistant Secretary (Tax Policy) for Retirement and Health Policy, US Treasury Department
THE ROLE OF EMERGING MARKETS IN YOUR PORTFOLIO
Moderator: Janet Becker-Wold, Callan Associates, Inc.
Panelist: Tom Leventhorpe, J.P. Morgan Asset Management
Panelist: James Donald, Lazard Asset Management
Panelist: Craig Husting, PSRS of Missouri
ACTUARIAL PANEL – MULTIPLE TOPICS
Moderator: Kim Nicholl, The Segal Company
Impact of Closing a Plan
Panelist: Brian Murphy, Gabriel, Roeder, Smith & Company
Slides: Impact of Closing a Plan
Lowering Assumptions
Panelist: Larry Langer, Buck Consultants
Slides: Impact of Lowering Your Assumptions
GASB Implementation
Panelist: John Garrett, Cavanaugh Macdonald Consulting, LLC
Slides: GASB Proposed Changes
TUESDAY, OCTOBER 11 – SECOND GENERAL SESSION
Presiding: David A. Stella, NCTR President-Elect; and Secretary, Wisconsin DETF
VIDEO WELCOME
US Senator Tom Harkin
Chairman, Senate Health, Education, Labor and Pensions (HELP) Committee
PENSION FUNDS AND THE BOND MARKET
Moderator: Jay Stoffel, Duluth TRFA
Rating Agency Perspective
Panelist: John Sugden-Castillo, Standard & Poor’s
Slides: Pension Funds and the Bond Market
Document: S&P’s Views of GASBs Proposed Changes in Government Pension Accounting
Document: US States’ Pension Funded Ratios Drift Downward
Panelist: Douglas Offerman, Fitch Ratings
Investment Manager Perspective
Panelist: Joseph Pangallozzi, BlackRock
Slides: Pension Funds and the Bond Market: Municipal Perspective
Panelist: Christine Todd, Standish
Slides: Pension Funds and US Municipal Bonds
LEGAL UPDATE
Panelist: Mary Beth Braitman, Ice Miller LLP
Panelist: Conni Brennan, TRS of Texas
Slides: Legal Update
Document: ERF Fort Worth v. Texas AG
Document: Govt. Code Section 2054.1125
Document: Texas TRS Letter to SEC
Document: Texas AG_Letter to SEC
Document: Govt. Code Section 825.507
Document: Govt. Code Section 552.0038
WEDNESDAY, OCTOBER 12 – THIRD GENERAL SESSION
Presiding: William Finelli, NCTR Executive Committee Member; Trustee, ERS of Rhode Island
COBALT GROUP EXERCISE ( 8:30 and 10:15 am Session)
LEGISLATIVE OUTLOOK
Speaker: Leigh Snell, NCTR Federal Relations Director
Slides: Federal Legislative Report
ENGAGING RETIREES IN RETIREMENT SECURITY ADVOCACY
Speaker: Gerri Madrid-Davis, State Advocacy & Strategy Integration, AARP
Slides: Engaging Retirees in Retirement Security Advocacy in the States