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CORBA Committee News

Pension & Benefits Update,  May, 2007  by Anonymous

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At its June 9 meeting, which took place as part of the GFOA annual conference in Anaheim, California, the Committee on Retirement and Benefits Administration (CORBA) approved and sent to the GFOA Executive Board four new recommended practices (RPs). Three of the RPs focus on retirement security and pension plan design and include: Essential Design Elements of Defined Benefit Retirement Plans, Essential Design Elements of Defined Contribution Plans as the Primary Retirement Plan, and Essential Design Elements of Hybrid Retirement Plans.

In addition, in conjunction with the Budget Committee and ...

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