PA 694 - PUBLIC PENSIONS AND INSURANCE

Graduate School

Credits: 3

This course provides participants with an in-depth understanding of the conceptual and practical issues involved in the design and implementation of public pensions and insurance programs. The course draws on US state and local data, analysis and trends. It is designed to introduce public financial managers and other stakeholders to approaches for analyzing and administering pension and insurance systems along with institutional reform options. This course comprises interrelated and complementary topics: 1) the framework for public pension plans and employee insurance benefits; 2) pension and insurance plan concepts, identities, and design options; 3) diagnostic techniques, benchmarks and assessment tools to assure compliance and efficiencies; 4) pension and insurance administration, governance and investment management; 5) regulation and supervision; and 6) pension and insurance reform and financial impacts on public entities.

Approved for Distance Learning.