As many in local government are already aware, CalPERS has adopted new Actuarial Policies as part of a larger overhaul of their asset liability management strategy. Those policies can have great impacts on local government finances and pension operations. But what are the changes, why did they come about, and what do they mean?

To answer those questions, CalPERS has released a video webinar that walks interested public agency managers through a series of topics. The agenda covers not only the motivations behind the update, but timing, and rate impacts as well.

The webinar, which runs just under an hour and a half, can be found at the CalPERS website.