Tom Aaron

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Title: Vice President, Senior Analyst

Firm: Moody's Investors Service

Age: 33

Fun Facts: Tom's wife recently gave birth to their first child, a baby girl. Outside of work and family, he plays hockey with an adult league for fun.

Tom Aaron is Moody's dedicated U.S. public pension specialist, focusing full-time on trends in pension-related credit risk across the public sector. He specializes in public finance, municipal bonds, public sector defined benefit pensions, and other postemployment benefits (OPEB).

Over the past four years, Tom has helped advance the rating agency's focus on balance sheet and budgetary risks as well as assessment of pension legal considerations. He has implemented pension analytics and data management across Moody's public finance department and is the frequent author of research publications on U.S. public sector pensions.

Tom finds assessing pension risk fascinating because it entails a bit of everything and presents a new puzzle to solve every day: actuarial math, accounting, investment risk, demographics, politics, legal developments, and even bankruptcy outcomes. His role at Moody's allows him to work with a really intelligent group of colleagues to distill these various elements down to their municipal credit implications.

 

"Tom is leading the charge on pensions for Moody's. He is educating the market and his firm on a very misunderstood topic."

Tom Kozlik
Managing Director and Municipal Strategist, PNC Financial Services

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