President’s Annual Report
Elmer J. Khal, NCPERS President 
A View From Washington
Morton Kondracke, Executive Editor, Roll Call 
Legislative Overview of the 108th Congress
Frederick H. Nesbitt, NCPERS Executive Director/Legislative Counsel 
Health Care
GASB--Reporting Retiree Health Care Costs
Paul Zorn, Director, Governmental Research, Gabriel Roeder Smith & Company
Purchaser Partnerships
Laurie L. Burgess, M.S., Executive Vice President, Bailit Health Purchasing 
Corporate Reform
Phil Angelides, Treasurer, State of California 
Legal Update of Public Pension Issues
Robert D. Klausner, Attorney at Law, Klausner & Kaufman, PA 
The Economic Environment and Market Expectations
Dr. Anthony Chan, Senior Economist, Banc One Investment Advisors 
The Changing Landscape of Securities Litigation by Pension Systems
Douglas M. McKeige, Partner, Bernstein Litowitz Berger & Grossmann, LLP 
Investing in Today’s Market
How Are Your Peers Coping with the Current Funding Environment
Joanna Bewick, CFA, Vice President, Strategic Services, Fidelity Investments
Active vs. Passive Investing
David M. Blitzer, PhD., Managing Director, Standard & Poor’s 
Solutions to the Spiraling Health Care Costs
Michael Jacobs, Principal, Mercer Human Resource Consulting 
Health Care and Lifestyle Choices
Dr. J. Jeffery Burnich, Senior Vice President, System Care Management, MHI Wellness Group 
Retirees and Prescription Drugs
Christopher R. Hulla, Principal and Benefit Consultant, Buck Consultants 
Prefunding Health Benefits
William F. Robinson, Jr., Area Vice President, Gallagher Byerly, Inc. 