California Debt and Investment Advisory Commission (CDIAC)
Seminar Description
Municipal Market Disclosure: Application to Pension Disclosure
May 3, 2012 – Ziggurat Building
West Sacramento, CA
Registration Deadline: April 23, 2012 or until filled
Efforts to improve transparency related to municipal securities have stimulated debate concerning the content and timing of disclosures. This seminar, focusing on public pension disclosure, seeks to further that discussion by considering the primary and secondary disclosure practices maintained by state and local agencies. As reporting standards change, public officials need to understand the difference between what is required and what might be interpreted as best practices. The seminar seeks to assist local government officials and other market professionals to improve their understanding of the policy and regulatory environment surrounding municipal disclosure and how that environment may change in the future. The day includes discussion of:
- Current concerns in municipal disclosure
- Overview of Securities and Exchange Commission's (SEC’s) regulations and the disclosure process
- Pension mechanics and math
- Pension disclosure practices and issues
- Disclosure reporting standards for pension obligations
- Good pension disclosure roundtable-what does it look like?
