Category Archives: Actuary

ASPPA recognizes top retirement plan examination performer

Milliman’s Hans Jones was recognized by the American Society of Pension Professionals and Actuaries (ASPPA) for his outstanding performance on the Spring 2015 DB Exam. Jones was a recipient of the 2015 Martin Rosenberg Academic Achievement Award. The award is designed to acknowledge the top-performing candidates on the DC-1, DC-2, DC-3, DB, CPC, and A-4 examinations.

For more information, read the ASPPA press release here.

The evolution of the discount rate for measuring employee benefit obligations under AS15(R)

This paper by Milliman consultants Danny Quant and Simon Herborn provides an update for the quarter ended June 30, 2014, on discount rate changes as they apply to liabilities under AS15(R), India’s accounting standard for the cost of providing employee benefits. Implied yields have fallen since March 31, 2014. The impact of this fall will depend on the weighted average expected future working lifetime (WAEFWL) of employees.