Dan Colby

FSA, EA, MAAA

Consulting Actuary

Chicago, IL, US

Dan Colby is a consulting actuary with Milliman in Chicago. He joined the firm in 2020.

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Experience

Dan has more than 20 years of experience providing retirement consulting services to plan sponsors that include publicly traded companies, privately held corporations, large and small public sector employers, and not-for-profit corporations. His experience includes all aspects of pension and retiree healthcare projects, including actuarial valuations under ERISA, defined benefit plan administration, benefit calculations, plan design studies, experience studies, funding and accounting projection studies, nondiscrimination testing, and accounting disclosure statements under U.S. accounting standards. He has also completed valuations of Other Post-Employment Benefits (OPEB) under Governmental Accounting Standards (GASB) Statements 74 and 75, including transition from GASB Statements 43 and 45.

Professional Designations

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

Education

BS, Actuarial Science, University of Illinois

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Publications

Read their latest work

Article

Impact of infrastructure bill on defined benefit pension plans

08 November 2021 - by Jack Chmielewski, Dan Colby

What impacts could a proposal in the Senate infrastructure bill have on the future of defined benefit plans?

Article

Why does one defined benefit pension plan have so many different measures of funded status?

01 April 2021 - by Dan Colby

We present the basics of how actuaries determine different liability measurements for DB plans, and their intended purpose.

Dan Colby

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Experience

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Read their latest work

Impact of infrastructure bill on defined benefit pension plans

Why does one defined benefit pension plan have so many different measures of funded status?

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Dan Colby

Experience

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