September 2005 Meeting

Event:  September 2005 Meeting

Topic:  Illinois Pension Funding: An Actuary's Perspective

This session will explore the history of the underfunded pension systems of the State of Illinois. The emphasis will be on recent events, including: the issuance of pension obligation bonds, the “surprise" cost of an early retirement incentive plan, and cost-cutting modifications to the funding plan.  Mike is a Senior Consultant in the Chicago office of Gabriel, Roeder, Smith & Company, where he specializes in the design, funding, and administration of public-sector pension plans.

Speaker:  Michael Kivi, FSA, EA, MAAA
    Senior Consultant, Gabriel, Roeder, Smith & Company

Date:  Monday, September 19, 2005 
     3:30 Registration  /  4:00 Speaker  /  5:00 Hors d’oeuvres

Location:  Blue Cross & Blue Shield of IL, Cafeteria Level – Room Columbus C
300 E. Randolph St., Chicago, IL 60601. Hors D’oeuvres are in Columbus B.

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