Michael Sudduth

ASA, EA, FSA, MAAA

Principal and Consulting Actuary

St. Louis, MO, US

Michael Sudduth is a principal and consulting actuary with the St. Louis office of Milliman. He joined the firm in 1993.

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Experience

Michael manages the production and the actuarial calculations underlying the valuation, cost studies, certifications, and experience studies for multiemployer and public employer plans. He regularly meets with his clients and has constructed numerous deterministic and stochastic models in connection with special consulting projects.

Michael currently works with public employee pension funds in Springfield (MO), Overland (MO), Berkeley (MO), Overland Park (KS), and Tulsa County (OK).

Michael’s recent projects include:

Working with multiemployer pension plans to develop contribution and benefits strategies and policies
Working with city councils to understand the benefit levels currently provided to city employees and the contribution requirements associated with various future benefit levels
Meeting with trustees to discuss assumption changes
Working with bargaining parties regarding plan change options, including potential defined contribution options
Working with multiemployer plans to respond to Pension Protection Act requirements, including developing and updating rehabilitation plans and funding improvement plans
Preparing withdrawal liability calculations for multiemployer plans
Working with multiemployer pension plans on mass withdrawals and insolvencies

Professional Designations

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

Education

BS, Actuarial Science, University of Illinois

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Publications

Read their latest work

Article

PBGC final rule on Plan Sponsor’s Duties for Terminated and Insolvent Multiemployer Plans

24 May 2019 - by Yutaro Seki, Michael Sudduth

The Pension Benefit Guaranty Corporation’s final rule issued on May 2 addresses reporting and disclosure requirements for plan sponsors of certain terminated and/or insolvent multiemployer pension plans.

Michael Sudduth

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Experience

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Read their latest work

PBGC final rule on Plan Sponsor’s Duties for Terminated and Insolvent Multiemployer Plans

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Michael Sudduth

Experience

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