On Monday, April 22, 2013, Moody's Investors Service h a teleconference to discuss the adoption of adjustments to reported pension data for use in credit analysis of state and local governments.
The discussion was led by:
Tim Blake- Managing Director, Public Finance Group (Moderator)
Marcia Van Wagner- Vice President, Senior Analyst, Public Finance Group
Toby Cook- Vice President, Senior Analyst, Public Finance Group
The following topics were discussed:
-Adjustments to reported pension data to provide greater comparability and consistency
-Pensions impact on state and local governments
-New state GO rating methodology
-Ratings for small number of local governments adjusted pension liability "outliers" placed on review
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