Jessica Gardner
ASA, EA, MAAA
Associate Actuary
Seattle, WA, US
Jessica Gardner is an associate actuary at Milliman and joined the firm in 2012. She works on multiemployer health and welfare plans, with prior experience in defined benefit pension plans and retiree medical plans.
Experience
Her work includes multi-year cost projections, contribution rate and IBNR claim reserves calculations, benefit design modeling, and vendor rate analysis.
Publications and Presentations
- Multiemployer health and welfare fund statistics: 2024 report.
- Public pension plan funding policy: Effectiveness of amortization methods under deterministic scenarios.
- Public pension plan funding policy: Effectiveness of amortization methods under projected investment scenarios.
- Public pension plan funding policy: Effectiveness of amortization methods under stochastic returns.
Professional Designations
- Associate, Society of Actuaries
- Enrolled Actuary
- Member, American Academy of Actuaries
Education
- BA, General Studies, University of Idaho
Publications
Read their latest work
Article
Multiemployer health and welfare fund statistics: 2024 report
05 March 2025 - by Michael Halford, Reza Vahid, Devin Shaver, Jessica Gardner
Net assets decreased overall due to lower investment returns and higher expense growth, according to our annual study of multiemployer health and welfare plans.
Article
Public pension plan funding policy: Implications for revised Actuarial Standard of Practice No. 4
07 November 2023 - by Daniel Wade, Arthur Rains-McNally, Jessica Gardner
In public pension plan funding, amortization methods with short rolling periods better meet the intent of revised Actuarial Standard of Practice No. 4 (ASOP 4).
Article
Public pension plan funding policy: Effectiveness of amortization methods under stochastic returns
02 December 2022 - by Daniel Wade, Arthur Rains-McNally, Jessica Gardner
We explore, compare, and contrast various methods of amortizing liabilities and their impact on the contribution rates for public sector pension plans
Article
Public pension plan funding policy: Effectiveness of amortization methods under projected investment scenarios
10 January 2022 - by Jessica Gardner, Arthur Rains-McNally, Daniel Wade
We examine how various amortization methodologies react to the volatility inherent in investment markets.
Article
Public pension plan funding policy: Effectiveness of amortization methods under deterministic projections
01 June 2021 - by Daniel Wade, Jessica Gardner, Arthur Rains-McNally
Public pension funding policies have implications, so we present plan sponsors with a framework to understand their choice of amortization method.