NABL Hosts Defined Benefit Public Pension Disclosure Task Force
Jul 1, 2011
On June 28, 2011 NABL hosted the inaugural meeting of the municipal market’s Task Force on Defined Benefit Public Pension Plan Disclosure. The task force, initiated by NABL President John M. McNally and chaired by NABL member Ken Artin, is composed of members from the following organizations, all of which were represented at the first meeting:
- American Institute of Certified Public Accountants (AICPA)
- Bond Dealers of America (BDA)
- Governmental Accounting Standards Board (GASB)
- Government Finance Officers Association (GFOA)
- Investment Company Institute (ICI)
- National Association of Bond Lawyers (NABL)
- National Association of State Auditors, Comptrollers and Treasurers (NASACT)
- National Association of State Retirement Administrators (NASRA)
- National Association of State Treasurers (NAST)
- National Council of Teachers Retirement (NCTR)
- National Federation of Municipal Analysts (NFMA)
- Securities Industry and Financial Markets Association (SIFMA)
Additionally, various members of NABL’s Securities Committee, who have volunteered to draft documents and participate in the project joined by phone, as did other interested persons.
At this first meeting, task force members shared perspectives on NABL’s May 2 Discussion Draft, Considerations in Preparing Defined Benefit Pension Plan Disclosure. Additionally, Task Force members were asked to submit detailed comments from their respective groups by July 25 in anticipation of a second meeting in mid-August.
NABL’s May 2 Discussion Draft can be found here.