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Scott F. Porter, FSA, EA, MAAA

Principal, Consulting Actuary
Wayne, PA, US

Tel: +1 610 6875644

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Professional Designations

  • Fellow, Society of Actuaries
  • Enrolled Actuary, ERISA
  • Member, American Academy of Actuaries

Education

  • BBA (magna cum laude), concentration in Actuarial Science, Temple University

Current Responsibility

Scott is a consulting actuary with the Philadelphia office of Milliman. He joined the firm in 1992.

Experience

Scott serves both public and private sector clients regarding their defined benefit pension and retiree medical plans. Client assignments include actuarial valuations, cost studies, and GASB valuations under 25, 27, and 45.

Assignments also include FASB valuations for developing expense and year-end disclosure for FASB ASC Topic 715, and government filings.

He has developed cost-projection models for private and public sector clients to determine future funding levels and the cost of proposed plan changes.

Scott has experience in performing audits for pension plans, including analysis of data, actuarial procedures, and assumptions.

Scott currently consults on the following public pension plans:

  • New Jersey Teachers' Pension and Annuity Fund
  • Southeastern Pennsylvania Transportation Authority
  • Manhattan and Bronx Surface Transit Operating Authority
  • City of Dover, Delaware General Employees and Police Pension Plans

Scott also serves as the consulting actuary for the Grand Lodge of Pennsylvania.

He has performed actuarial audits for various public systems, including:

  • Pennsylvania Public School Employees Retirement System
  • Pennsylvania State Employees' Retirement System
  • New York City Transit Authority (Manhattan and Bronx Surface Transit Operating Authority Pension Plan and Staten Island Rapid Transit Operating Authority Pension Plan)
  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman