The Judicial Symposium on the Economics and Law of Public Pension Reform will discuss the looming financial and structural crisis facing state pension systems across the nation. With several dozen states adopting modest to major reforms, the economic impact on plan beneficiaries will be substantial, and dozens of jurisdictions face lawsuits challenging the adopted reforms.
This symposium will comprehensively outline the underlying structure of pension systems, address the differences between public and private pensions, and detail the unfunded liabilities and potential bankruptcy issues arising from this crisis. It also will discuss the legal challenges to reform efforts under state constitutions citing both the contacts clause and the takings clause.
The symposium is structured to allow ample time for participant dialogue with speakers and panelists.