DENVER – Federal tax reform efforts could mean trouble for public pension plans, experts told members of the Government Finance Officers Association Sunday.

Speaking on a panel at the GFOA’s annual conference here, researchers said that many public pension plans are in a transitional period and that changes that have happened and may continue to happen could create communication problems with stakeholders, hamper recruitment and retention, or even make the task of fully funding retirement systems more difficult. The health of pension and other post-employment benefit plans has become a topic of increased interest in local years in the wake of high-profile municipal bankruptcies such as Detroit. Many states and localities have underfunded plans and are attempting to implement changes to make them sustainable over the long term.

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