Balancing Risk and Reward: The Actuary’s Role in Public Pension ALM

Effective asset-liability management (ALM) is essential for helping public pension plans balance long-term obligations, investment objectives, and risk management. Join us for a webinar exploring the role of ALM studies in public pension plan decision-making and the value of incorporating an actuarial perspective throughout the process. 

Presenters will discuss the broad purposes of ALM studies, examine the tradeoffs often revealed through ALM results, and highlight key findings from the American Academy of Actuaries issue brief on this topic. Through real-world examples, attendees will gain insight into how ALM findings can be communicated effectively to support informed decision-making.

At the conclusion of this webinar, attendees will understand: 

• The primary objectives and uses of asset-liability management studies; 
• Why evaluating assets and liabilities holistically is critical to effective pension plan management; 
• How actuarial expertise can enhance ALM modeling, analysis, and stakeholder discussions; and 
• Approaches for communicating ALM findings and tradeoffs to decision-makers and other audiences. 

MODERATOR

Tom Vicente, MAAA, FSA, EA 
Vice Chairperson, Public Plans Committee 

SPEAKERS

Andy Blough, MAAA, FSA, FCA, EA 
Chairperson, Public Plans Committee 

Bill Hallmark, MAAA, FCA, ASA, EA 
Member, Public Plans Committee 

Randall Dziubek, MAAA, ASA, EA 
Member, Public Plans Committee 

REGISTRATION

Registration for this webinar is limited to the first 1,000 registrants. Visit our webinar FAQs to learn more about our webinar policies, including group registration.

For more information about this webinar, contact [email protected].

Event Pricing

• Members: $55
• Nonmembers: $110
• Group Registration for Academy Members: $500

Complimentary registration is available to the following cohorts of Academy members. Contact [email protected] to request a discount code to register.

• Government regulators
• Academy volunteers who meet both
  • “active” members of an Academy committee, board, subcommittee, task force, or work group; and
  • qualified for either a partial or full dues waiver during 2026.

Contact [email protected] to request a discount code to register.

CONTINUING EDUCATION

The American Academy of Actuaries believes in good faith that attendance at this live webinar constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States, and that attendees may earn up to 1.2 organized continuing education (CE) credits for attending this live webinar. 

We also believe in good faith that Enrolled Actuaries may earn up to 1.2 continuing professional education (CPE) non-core credits under the Joint Board for the Enrollment of Actuaries (JBEA) rules for attending this live webinar. However, the JBEA ultimately determines what constitutes core, non-core, ethics, or non-ethics continuing education and the number of CPE credit hours allocated to same for Enrolled Actuaries. All EAs who want to receive a Certificate of Attendance must be registered either as an individual attendee or listed as part of a group registration and must submit their request within two business days of the event. You are required to attest to your actual attendance for the full webinar to receive full JBEA credit, regardless of whether you registered as an individual or as part of a group. 

ADDITIONAL INFORMATION

Registration for this webinar is limited to the first 1,000 registrants. Visit our webinar FAQs to learn more about our webinar policies, including group registration. For more information about this webinar, contact [email protected].