The Subcommittee's mission 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 Subcommittee:
- Provides independent and objective analysis, advice, and education to stakeholders of state and local government employee benefit plans with respect to:
- Funding
- Financial Reporting, in conjunction with Pension Accounting Committee
- Managing financial risks
- Plan Design
- Develops practice notes for the membership.
- Comments on actuarial standards of practice related to public plans.
Staff liaison:David Goldfarb
Chairperson: Bill Hallmark
Vice Chairman: Brad Armstrong
