Webinar: Leveraging Public Assets for Pension Solvency
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Webinar: Leveraging Public Assets for Pension Solvency

State and local governments facing pension solvency challenges are exploring the transfer, lease or sale of public assets to shore up underfunded retiree benefit systems.

The Bond Buyer recently hosted a webinar sponsored by Reason Foundation on leveraging public assets as one emerging strategy to tackle public pension solvency challenges, featuring speakers from the Pension Integrity Project at Reason Foundation, Bipartisan Policy Center and the National Association of State Retirement Administrators.

State and local governments across the United States facing pension solvency challenges are in the early stages of exploring various means of leveraging assets—primarily through transfer, lease or sale—for the purpose of shoring up underfunded retiree benefit systems. New Jersey’s transfer of its state lottery enterprise to several state pension funds in 2017 was a recent example of this approach that garnered national attention.

This webinar offers an opportunity for public finance officials, market analysts, industry players and other parties interested in this emerging policy area to hear from a diverse panel of experts on the opportunities, challenges, nuances and early lessons learned in this space thus far. The webinar includes a case study demonstrating how one municipal government evaluated its options and decided which course to take.

Speakers include:

  • Leonard Gilroy, Senior Managing Director, Pension Integrity Project at Reason Foundation
  • Jill Eicher, Director, Infrastructure Policy Lab at the Bipartisan Policy Center
  • Keith Brainard, Research Director, National Association of State Retirement Administrators
  • John Hallacy (moderator), Contributing Editor at The Bond Buyer

The archived webinar is accessible here (registration required), and the presentation is available here.

Webinar Presentation: Leveraging Public Assets for Pension Solvency

Leonard Gilroy is vice president of government reform at Reason Foundation, a nonprofit think tank advancing free minds and free markets. He also serves as senior managing director of the Pension Integrity Project at Reason Foundation, which assists policymakers and other stakeholders in designing, analyzing and implementing public sector pension reforms.