Purdue Today

December 1, 2008

Forum to focus on economy's effect on pension benefits

The Purdue University Retirees Association (PURA), in partnership with Purdue Human Resource Services, will hold "The Economy and Your Retirement" forum on Dec. 5.

Purdue retirees and active staff who are close to retirement are invited to attend the forum from 10 to 11:30 a.m. at Judi’s Catering, 101 Plaza Lane, Lafayette. No reservations are necessary.

The forum will feature a panel discussion focusing on how the changing economy affects pension benefits for Purdue retirees. Panel experts will review issues of interest related to the TIAA CREF and Public Employees' Retirement Fund (PERF) pension benefit programs and provide practical tips.

The panel discussion will be led by Frederick Ford, executive vice president and treasurer emeritus. Expert panelists will include:

* Richard Cosier, Krannert School of Management dean and the Leeds Professor of Management, who will provide an overview of economic considerations that affect everyone.

* Terry Magid, executive director of PERF, who will discuss the economy's effect on benefits provided through PERF and the fund's financial stability.

* Adam Polacek, director of client portfolio management for TIAA-CREF, and Chris Day, director of individual client services at TIAA-CREF, who will discuss the economy's effect on benefits provided through TIAA-CREF and TIAA CREF's financial stability.