Actuarial Services

Actuarial Services2019-01-18T21:38:42+00:00

Make your plan ready for the future.

The strength of any retirement plan is its ability to meet the needs of its participants today, tomorrow, and for years to come.
We are proud to have a team of in-house actuaries who work hand-in-hand with the rest of our practice, ensuring an integrated, clear, accurate evaluation of every plan.

We approach every actuarial assignment with a commitment to client service, grounded in actuarial principles and practices. Our consulting style is personalized and interactive, combining strong technical knowledge with excellent listening skills and a “plain English” communication style. We help our clients thoroughly understand the actuarial valuation process, enabling them to determine a long-range strategy appropriate for the unique needs of their organization.

Services for Private-Sector Plans

  • ERISA actuarial valuation to determine funding requirements for IRS qualified pension plans
  • Funded status certifications to satisfy IRS benefit restriction requirements
  • Development of a funding policy
  • Disclosure requirements under US GAAP’s ASC 715 and IFRS’ IAS 19R
  • Company accounting valuations to determine annual benefit cost and footnote disclosure requirements for both qualified and non-qualified pension plans and other post-employment benefits (OPEB)
  • Assumption setting review
  • Annual participant funding notice
  • Form 5500
  • PBGC Comprehensive Filing
  • Personalized employee benefit statements
  • Forecast valuations using deterministic or stochastic methodology
  • Plan design analysis, including impact on funding & accounting measurements
  • Union negotiation support
  • Analysis of changes in law or regulations
  • IRS-required nondiscrimination testing
  • Experience studies to review and document actuarial assumptions, make recommendations and provide cost impact results

Services for Public/Governmental Plans

  • Statutory funding requirements
  • Development of a funding policy
  • Pension accounting and disclosure requirements for public-sector plans under GASB 67 and governmental plan sponsors under GASB 68
  • OPEB accounting and disclosure requirements for public-sector plans under GASB 74 and governmental plan sponsors under GASB 75 [previously GASB 43 and 45]
  • Actuarial audits
  • Experience studies to review and document actuarial assumptions, make recommendations and provide cost impact results
  • Plan design analysis, including impact on funding & accounting measurements
  • Analysis of changes in law or regulations
  • Union negotiation support
  • Assistance meeting state reporting requirements

Related Resources

Contact Us