Tag Archives: Dear Actuary

Dear Actuary explores the benefits of an experience study as a financial plan management tool

With financial management being a top priority of retirement plan boards, an experience study can be a vital tool for the successful financial plan management of a pension. Here are two important questions plan sponsors should consider: What is the purpose of an experience study? And what benefits can it provide my pension plan? Milliman’s latest Dear Actuary column provides some perspective.

How can public pension plans provide sustainable levels of benefits despite rising costs?

When faced with rising pension costs, many public pension plan sponsors are pressured to freeze plan benefits. However, a look into five key pension plan provisions that are the biggest drivers of pension costs can help sponsors set sustainable levels of benefits. This Dear Actuary column provides perspective.