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Public Plans Committee

Public Plans Committee

The committee's purpose is to bring to the public and the United States actuarial profession expertise regarding retirement plans for state and local government employees. Within the scope of this mission, the committee:

  • Provides independent and objective analysis, advice, and education to stakeholders of state and local government employee benefit plans with respect to:
    • Funding
    • Financial reporting
    • Managing financial risks
    • Plan design
    • Emerging events
    • Other related topics
  • Develops issue briefs and practice notes for the membership.
  • Comments on actuarial standards of practice related to public plans.
Volunteer Academy Connect
Staff Liaison: Janae Nelson
Chairperson: Robert Blough
Vice Chairperson: Thomas Vicente
Members:
Paul Angelo
Brent Banister
Alison Chafin
Randall Dziubek
William Hallmark
Koren Holden
Judith Kermans
Jordan McClane
John Monroe
Scott Preppernau
Mark Schulte
Todd Tauzer

Related Publications

The Actuary’s Role in Public Pension ALM Studies

A Public Plans Committee issue brief, The Actuary’s Role in Public Pension ALM Studies, provides information on an approach, Asset Liability Management (ALM) study, and the actuary’s role in...
Topics: Pension Funding Retirement
Date Published: 06/25/2026
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RPC Committees Comment on ASOP Nos. 6, 41

Several Retirement Practice Council (RPC) committees—the Pension Committee, Multiemployer Plans Committee, and Public Plans Committee—sent comment letters to the ASB on exposure drafts of ASOP...
Topics: Pension
Date Published: 05/22/2026
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Public Sector Workers Not Covered by Social Security

A new policy paper, Public Sector Workers Not Covered by Social Security: Implications for Their Retirement Security, examines how public sector entities seeking exemption from Social Security must...
Topics: Retirement
Date Published: 09/16/2025
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Issue Brief Lays Out Information to Help Assess Value of Pension Buyouts

The Public Plans Committee released an issue brief, Public Pension Plans: Helping Members Evaluate Buyout Programs and Other Lump Sums. The issue brief suggests critical information that would...
Topics: Benefits Retirement
Date Published: 09/11/2024
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Public Plans Committee Practice Note on Service Purchase

The Public Plans Committee released Introduction to Service Purchases for Public Pension Plans, a practice note considering a variety of service purchase programs that can be found across public...
Topics: Retirement
Date Published: 02/02/2024
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Public Plans Committee Practice Note on Fixed Rate Pension Funding

Practice note providing information to actuaries on current and emerging ideas for working with public defined benefit pension plans that use fixed rate funding.  
Topics: Pension Funding Retirement
Date Published: 02/09/2023
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Issue Brief on the Impact of the Pandemic on Public Pension Plans

Public Plans Committee issue brief on the impact of the COVID-19 pandemic on public pension plans.  
Topics: Retirement
Date Published: 12/14/2020
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Subcommittee Comments on ASB Exposure Draft on Risks in Measuring Pension Obligations and Determining Pension Plan Contributions

Public Plans Subcommittee comments to the Actuarial Standards Board (ASB) on its exposure draft, "Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining...
Topics: Actuarial Standards Board ASB Retirement
Date Published: 05/29/2015
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Objectives and Principles for Funding Public Sector Pension Plans

Pension Plans Public Plans Subcommittee issue brief introducing the objectives and principles for funding pension plans for state and local government. 
Topics: Retirement
Date Published: 02/19/2014
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Comments to CAAP Regarding MAFPP Discussion Draft

Comments by Public Plans Subcommittee to the California Actuarial Advisors Panel (CAAP) in response to its discussion draft, Version 9c, Model Actuarial Funding Policies and Practices (MAFPP) for...
Topics: Retirement
Date Published: 10/03/2012
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Joint Comments on GASB’s 'Preliminary Views on Economic Condition Reporting: Financial Projections'

Joint Comments on GASB's 'Preliminary Views on Economic Condition Reporting: Financial Projections' Pension Accounting Committee and Public Plans Subcommittee joint comment letter to the...
Topics: ASB Retirement
Date Published: 04/02/2012
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Response to GASB’s Exposure Drafts

Response to GASB's Exposure DraftsThe Academy's Pension Practice Council comments to the Governmental Accounting Standards Board (GASB) in response to two exposure drafts on pension accounting and...
Topics: ASB Financial Reporting Retirement
Date Published: 10/17/2011
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Comments to GASB on Exposure Drafts on Pension Accounting and Financial Reporting by Employers

Pension Practice Council comments to the Governmental Accounting Standards Board (GASB) to two exposure drafts on pension accounting and financial reporting by employers.  
Topics: ASB Financial Reporting Retirement
Date Published: 10/14/2011
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Comments to SEC on Municipal Advisor Registration

Pension Practice Council and Public Plans Subcommittee comment letter to the Securities and Exchange Commission requesting that public pension plans be excluded from the definition of "investment...
Topics: Actuarial Standards Board Retirement
Date Published: 06/22/2011
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