Retirement & Benefits Solutions
Multiemployer plans
Stronger together
Multiemployer plans face shifting demographics, increasing regulatory demands, and steadily rising costs. Milliman can help you reduce operating costs and volatility and effectively manage benefit costs and risks. Get tailored advice focused on your history, strategy, and specific needs—based on our experience working with hundreds of plans.
Milliman multiemployer plan solutions
Defined benefit consulting
Meet funding objectives in the face of constant change with a dedicated team of actuaries, compliance experts, and plan design specialists. Supported by state-of-the-art technology and techniques, we deliver accurate forecasts, assist with improving funded status, assess plan risk, and ensure effective reporting to regulators and members.
Defined contribution consulting and recordkeeping
Add unparalleled expertise to boost the success of your defined contribution plan. Our services include plan design, recordkeeping, compliance, and communication. Starting from your vision, we address the full spectrum of issues including contribution and participation rates, fee allocations, member vesting, and valuations. Since 2012, our services have been recognized by PLANSPONSOR surveys as among the most trusted in the marketplace.
Health and welfare benefits
Cut through complexity to ensure your health and welfare fund provides the most efficient and effective benefits possible. We draw on expertise across health, pharmacy, stop-loss, and care providers to deliver excellence. Our services include financial projections, valuations, experience reports, Medicare retiree programs, competitive bidding, strategic planning, and many more.
Alternate plan designs
Innovation can help multiemployer plans strengthen long-term viability while providing lifelong benefits. For trustees looking to make a change, we identify features most important to the plan and its members and suggest approaches based on our data-based knowledge of plan design options. We also offer the Milliman Sustainable Income Plan™, combining the features of defined benefit and defined contribution plans.
Milliman multiemployer plan insight
Milliman multiemployer plan products
Milliman Actuarial Retirement Calculator (MARC)
Administer defined benefit and cash balance pension plans with one of the industry's leading retirement planning and communication tools.
Milliman mobile benefits app
Boost employee engagement with benefits decisions through an easy-to-use mobile app.
Milliman multiemployer plan services
Defined contribution plan consulting
Succeed with comprehensive services including plan design, mergers, data integrity, and compliance services.
Defined benefit plan consulting
Meet your goals and business objectives in the face of constantly shifting markets and regulations.
Defined benefit plan administration
Maximise the value of pension benefits to participants using our decades of experience, flexible software tools, and disciplined process.
Milliman Sustainable Income Plan
Get the best of both worlds with an innovative retirement plan design combining the benefits of defined benefit and defined contribution plans.
Participant education
Attract and retain top talent with integrated, personalised employee communications that help employees make informed benefit decisions.
Contact us
We’re here to help you break through complex challenges and achieve next-level success.