![Page 1: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/1.jpg)
![Page 2: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/2.jpg)
Welcome! Thank you for joining us.
Elizabeth Kellar, President & CEO,
Center for State and Local
Government Excellence
![Page 5: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/5.jpg)
Today’s Participants:
• David Craik, Pension Administrator, Delaware
Public Employees’ Retirement System
(DPERS)
• Bert Scoglietti, Director of Policy, State of
Delaware, Office of Management and Budget
• John-Pierre Aubry, Associate Director of
State & Local Research, Center for
Retirement Research at Boston College
![Page 6: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/6.jpg)
Delaware Public Employees’
Retirement System
David Craik, Pension Administrator
Bert Scoglietti, OMB Director of Policy
![Page 7: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/7.jpg)
Statistics (as of 6/30/15)
Over $9.3 billion in the Delaware Public Employees’ Retirement System
Covers the following plans: State Employee State Police Judiciary
Over 36,000 active state employee members in these three plans
92.7% funding ratio for State Employees’ Pension Plan
![Page 8: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/8.jpg)
“Strategies for Success”
Sustained commitment to funding the ARC
Cost of living adjustments (COLAs) are not embedded into the pension statute but are considered annually by the Legislature, and funded on a five year basis
Active board with deep expertise in finance
Partnership between executive and legislative branch on pension issues
![Page 9: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/9.jpg)
Hot Topic Issues
Annual Required Contribution (ARC)
Quick resource for legislative inquires of surrounding States
Press inquiries
Used to help tell story to legislators, board members, public
![Page 10: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/10.jpg)
![Page 11: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/11.jpg)
![Page 12: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/12.jpg)
11
14
51
34
37
9
0
10
20
30
40
50
60
< 7.2% 7.2% -7.25%
7.25% -7.5%
>7.5% -<8%
8% >8%
Nu
mb
er o
f p
la
ns
Distribution of Investment Return Assumptions
![Page 13: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/13.jpg)
PPD Walkthrough
Jean-Pierre Aubry
Associate Director of State & Local Research
Center for Retirement Research at Boston College
![Page 14: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/14.jpg)
QUESTIONS??
Elizabeth Kellar
David Craik
Jean-Pierre Aubry
![Page 15: Welcome! Thank you for joining us.knowledgecenter.csg.org/kc/system/files/CSG Ecademy - The... · 2020. 6. 8. · Welcome! Thank you for joining us. Elizabeth Kellar, President &](https://reader035.vdocuments.net/reader035/viewer/2022070107/60240b798d21137f4c351447/html5/thumbnails/15.jpg)