Rutgers-Newark Forum Seeks Solutions to Looming U.S. Pension Crisis

Particularly, if they’re among the 84% of respondents to a National Institute on Retirement Security poll who said they were seriously concerned about having enough money to live a “middle-class retirement”.

Next to destructive climate change, the coming crisis in pension and health benefits has been cited as the greatest threat to our nation’s economic stability … historic changes are coming, whether we’re ready or not.
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WHAT:  Public Forum:  “Has New Jersey Solved the Pension and Retirement Health Benefit Problem?”

WHEN:  Friday, Sept. 30, 2011. 9 a.m.-1 p.m.

WHERE:  Rutgers’ Newark Campus in the Paul Robeson Campus Center (Multi-Purpose Room), 350 Martin Luther King, Jr. Boulevard, Newark NJ 07102

SPONSORS:  Rutgers University School of Public Affairs & Administration and the Hall Institute of Public Policy-New Jersey
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SPEAKERS:

* Susan Urahn, Managing Director, Pew Center on the States, The Pew Charitable Trusts

* Andrew P. Sidamon-Eristoff, Treasurer, State of New Jersey

* Dr. Ronnie Lowenstein, Director, Independent Budget Office for New York City

* Richard Raphael, Executive Managing Director, Fitch Ratings Agency

* Dr. P. Kelly Hatfield, Chair/CEO, Public Employment Relations Commission (PERC)

* Fred Beaver, Pension Services, Church Pension Group and former Director, NJ Division of Pensions and Health Benefits

* Dr. Richard F. Keevey, former Budget Director and Comptroller for the State of New Jersey and Chief Financial Officer for the U.S. Department of Housing and Urban Development (currently Distinguished Practitioner in Residence, School of Public Affairs & Administration, Rutgers University-Newark)
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HOW TO ATTEND:  Forum is FREE and open to the public. Registration required: to register, click here or see: http://tinyurl.com/4y9oejm. For additional information, email conference@hallnj.org or melar@andromeda.rutgers.edu.

WHY THIS IS IMPORTANT: This past June, New Jersey passed landmark pension reform legislation. The forum will address two critical questions:

1) What was actually accomplished in the recent New Jersey pension reform legislation?

2) What pension challenges are facing other state governments now and in the future?
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The forum features a heavyweight assemblage of fiscal experts who will assess the impact of New Jersey’s recent pension reform legislation on:

- state and local government budgeting
- employees and labor relations
- retirement and health systems
- credit ratings for the state and its jurisdictions

… as well as long range impact on the U.S. economy.

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