Join Audra Ferguson, Nicole Giambarrese, Lisa Harrison, and Lindsay Knowles for a candid discussion of some of the issues and themes which surrounded the 2025/2026 legislative sessions in various states. Drawing on their experience from representing government pension funds in 43 states, the presenters will explore how statutory changes intersect with—and are sometimes constrained by—federal tax and fiduciary rules. The focus will be on common themes throughout the 2025/2026 legislative sessions, including impermissible cash or deferred arrangements (CODAs), non-resident alien member participation, criminal forfeiture, fiduciary roles and responsibilities, unclaimed property and escheatment concerns, and unique considerations for charter schools.

What You’ll Learn

• How recent statutory changes impact government pension plans across multiple states
• Key federal tax and fiduciary considerations that may limit or shape implementation
• Common pitfalls related to CODAs, non-resident alien participation, and forfeiture provisions
• Best practices for navigating fiduciary duties and unclaimed property concerns
• Practical strategies for advising plan sponsors and legislators while minimizing compliance risk

Attendees will leave with practical guidance for advising plan sponsors and legislators on how to implement legislative changes while preserving federal compliance and minimizing risk.

CLE Credit

This program is pending approval for 1.0 hour of General CLE credit in Illinois, Ohio and Indiana. Attendees licensed in states other than Indiana, Illinois, or Ohio will receive certificates of attendance for self-reporting purposes.

Speakers

Audra Ferguson, Partner

Nicole Giambarrese, Partner

Lisa Erb Harrison, Senior Counsel

Lindsay Knowles, Of Counsel