Discussion of the October 2012 Monthly Financial and Operations Report (MFOR) • Ronald Green, City Controller • Kelly Dowe, Director, Finance Department
Discussion of City of Houston Pension Plans to include: status of compliance with state mandated independent actuarial audits of fund actuaries’ reports; review of pension plans in context with the June 2011 National Institute on Retirement Security Study “Lessons from Well-Funded Public Pension Plans;” illustration of estimated financial impact of possible changes in assumptions and benefits presented in the Long-Range Financial Management Task Force “menu of options;” and illustration of the estimated financial impact of the new Governmental Accounting Standards Board rules for financial reporting and disclosure • Craig Mason, Chief Pension Executive, Finance Department
Dec 11, 2012 Budget and Fiscal Affairs
Discussion of the October 2012 Monthly Financial and Operations Report (MFOR) • Ronald Green, City Controller • Kelly Dowe, Director, Finance Department
Discussion of City of Houston Pension Plans to include: status of compliance with state mandated independent actuarial audits of fund actuaries’ reports; review of pension plans in context with the June 2011 National Institute on Retirement Security Study “Lessons from Well-Funded Public Pension Plans;” illustration of estimated financial impact of possible changes in assumptions and benefits presented in the Long-Range Financial Management Task Force “menu of options;” and illustration of the estimated financial impact of the new Governmental Accounting Standards Board rules for financial reporting and disclosure • Craig Mason, Chief Pension Executive, Finance Department