Description: This meeting session, which occurred at the June 1980 SOA meeting in San Deigo, covered issues related to Public/Municipal Pension Plans. The questions discussed inlcuded: 1. How do public/municipal plans differ from corporate plans? How should they differ? 2. Are traditional closed-group, reserve-accumulating valuation methods appropriate? 3. What would be the impact of universal Social Security coverage? 4. Is appropriate actuarial advice being given to public/municipal plan boards? From Record of Society of Actuaries, Vol. 6, No. 3.