The first comprehensive guide to mastering the roles and responsibilities of a public pension fiduciary in the U.S.
In an ever-changing financial and political landscape, your job as a public pension fiduciary continues to get more difficult. Now, you have the help you need.
U.S. Public Pension Handbook is the only one-stop resource that covers the various areas of public pension policy design, governance, investment management, infrastructure, accounting, and law. This comprehensive guide presents critical data, information, and insights in topic-specific, easy-to-understand ways–providing the knowledge you need to elevate your expertise and overall contribution to your pension plan or system.
U.S. Public Pension Handbook covers:
-Today’s domestic and global public pension marketplace
-The ins and outs of the defined benefit model, the defined contribution model, and hybrid pension designs
-Financial concepts central to the actuarial valuation of pension obligations
-Public pension investment policies and philosophies
-Asset allocations and how they have changed over time
-State and local government pension contribution policies
-The impact of governance structure and board composition on organizational results
-Fiduciary responsibility and the general legal/regulatory framework governing trustees
-How changes in trust law may affect public pension trustee fiduciary responsibility and liability
-Best practices in pension governance and organizational design
Public pension trustees are the unsung heroes of the world of finance, collectively managing over $6 trillion in retirement assets in this country alone. U.S. Public Pension Handbook provides the grounding you need to make sure you perform your all-important job with the utmost expertise and professionalism.
