Long Term Liability Roundtable Discussion Series:
An Overview of Long Term Liabilities and Pension Issues in New York

Presented by The Fund for Public Advocacy, in partnership with the Office of the New York City Public Advocate and NYU Wagner School of Public Service, with generous support from The New York Community Trust

Cities and states across the nation are facing serious fiscal challenges. New York City alone is projecting a deficit of over $4 billion for the next fiscal year. One of the largest single contributors to the City’s budget shortfalls is soaring employer contributions to its employee pension funds.  These contributions have increased from two percent of the City’s budget in 2000 to eleven percent in the last fiscal year, while the City's accrued health insurance benefits liability totaled $75 billion in 2010.

Join members of the public, government officials, and other key stakeholders for the first in a series of discussions about New York City’s long term liabilities and pension costs. The first round table discussion will be an overview of long term liabilities and their implications. 

8:00 AM -- Registration
8:30 AM -- Keynote & Panel Discussion

Michael Powell
New York Times

Richard Ravitch
former Lt. Governor, New York State


Mike Musuraca
Independent Pension Consultant
James Parrott
Fiscal Policy Institute

Dan Smith
New York University

For more information on this event, please contact Jae Ko at the Fund for Public Advocacy.