No one wants to go back to work at 75.

Underfunded pension plans, low interest rates, longevity risk, and market volatility are just a few of the forces threatening to undermine the retirement of millions of people worldwide.

With so much at stake, Milliman is committed to developing innovative solutions that help people retire with confidence.

As visions of retirement have changed, so have retirement plans.

Retirement plans today are as almost as diverse as the workforces they support. Our innovative retirement and benefits solutions are powered by cutting-edge ALM modeling, performance monitoring, plan administration, and asset protection capabilities.

Our experts can help you navigate your options, mitigate your liabilities, and develop flexible, comprehensive approaches to addressing your most complex retirement challenges.


2022 Corporate Pension Funding Study

The year-end 2021 funded ratio for the Milliman 100 companies settled at 96.3%, a large improvement from 2020’s funded ratio of 88.1%.

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SECURE 2.0 surprise: The ROTH catch-up contribution and ROTH employer match proposal

Congress proposes building on the Secure Act of 2019, with a list of changes to U.S. tax-qualified retirement plans, including catch-up contributions.


Frozen pension plans: The way forward - The decision starting point

A step-by-step guide to charting your path to plan termination.

Read the most recent retirement & benefits thought leadership.

Pension Funding Studies

Gain insights on trends and future implications of the funded status for all multiemployer plans, and the largest U.S. corporate and governmental plans with Milliman’s pension funding studies.


A retirement plan that actually lets you retire

See how the Milliman Sustainable Income Plan is revolutionizing retirement.


It’s not a crisis if you see it coming.

The challenges of global retirement
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Watch the video
Learn more
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Regulatory updates: Staying compliant, keeping ahead

A constantly changing regulatory climate for retirement plans of all kinds can make it difficult to set a strategy, stick to it, and maintain long-term compliance.


Milliman retirement & benefits products

Pension plan modeling and analytics
Pension modeling & analytics


Project pension assets and liabilities into the future to answer complex questions and make data-driven decisions.

Retirement asset allocation
Retirement asset allocation
Retirement asset allocation


Deploy an age-based asset allocation strategy for the core funds held within a defined contribution plan.

IFRS readiness and GASB75 compliance
IFRS readiness and GASB75 compliance
GASB 75 compliance


Comply with GASB 75 requirements through easy-to-answer questions and step-by-step guidance.

ACA compliance and affordability
ACA compliance and affordability
ACA compliance & affordability

Healthcare Reform Dashboard

Give small and mid-size employers essential analysis needed for ensuring compliance and plan affordability under the Affordable Care Act (ACA).

Pension administration and communication
Pension administration and communication
Pension administration & communication

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.

Pension plan management
Pension plan management
Online projection tool and information center

Milliman OPTIC

Projections at your fingertips for your multiemployer pension plan.

Pension funding and FAS reporting tool
Pension funding and FAS reporting tool
Pension funding & FAS reporting

Pension Performance Dashboard

See how movements in capital markets affect your pension plan's financial status, with real-time updates on projected funded status, and FAS expense.

Benefits analysis
Benefits analysis
Benefits analysis

Retirement Income Security Evaluation (RISE Score)

The RISE Score™ provides an intuitive and easy-to-use way to determine potential gaps in retirement income and gauge retirement readiness.


Milliman retirement & benefits services

401(k)/403(b) plan services

Benefit from decades of employee benefits experience and customizable software developed specifically for retirement plans.

Defined benefit plan consulting

Meet your goals and business objectives in the face of constantly shifting markets and regulations.

Discretionary investing consulting

Develop appropriate investment policies and strategies with an integrated process to help meet long-term asset allocation and funding goals.

Asset allocation

Achieve more consistent returns with impartial, data-driven advice tailored to your needs.

Defined contribution plan administration

Navigate the complicated maze of defined contribution administration to provide accurate recordkeeping, transparency, and compliance.

Frozen plan services

Implement a comprehensive, strategic approach to ensure participant benefits are paid while reducing costs.

Defined benefit plan administration

Maximize the value of pension benefits to participants using our decades of experience, flexible software tools, and disciplined process.

Defined contribution plan consulting

Succeed with comprehensive services including plan design, mergers, data integrity, and compliance services.

GASB75 compliance

Adapt to the increased reporting frequency and detail required by new regulations with expert guidance.

We’re here to help

Ask the tough questions. We’re ready for them.