Milliman’s public plan consultants don’t just crunch numbers, we solve problems. We listen carefully to client needs and consider their historical, political, and organizational positions before offering a range of solutions for them to consider.

On average, Milliman’s public sector consultants have been practicing with us more than 20 years. We bring this dedication and experience to our clients to help them achieve optimal cost and funding levels and maintain the ongoing financial viability of their systems.

We assist our clients through offering:

• annual recurring services: actuarial valuations, reporting information required under GASB and by auditors, presentations to boards of trustees
• as-needed services: actuarial experience studies, actuarial audit services, cost estimates for proposed benefit improvements or modifications, determination of actuarial cost-of-service purchases
• comprehensive consulting: advising staff on administrative, operational, actuarial, plan design, legislative issues

Our tools and services enable informed decisions

Milliman consultants explain complex issues with simple, clear language and reports that are rich with visual aids. Our modeling software enables our clients to interactively explore the possible results of their decisions directly. We also educate our clients through specially developed seminars, such as those we conducted on reporting requirements when the GASB standards changed. Our regularly published newsletter, PERiScope, alerts readers to relevant, current topics of interest to public plans and their sponsors.

We know the politics and balance the demands

We are familiar with the intricacies of public sector retirement systems and the politics that surround them. We work diligently to balance the needs of all stakeholders: members, employers, and taxpayers.