Public plans

Diversified employee benefits can be a powerful tool for attracting and retaining public-sector talent. We help you design, manage, and optimize high-quality plans for reasonable cost. With broad experience, technical excellence, and independent judgment, Milliman ensure your deliver great value for taxpayer dollars.

Postretirement benefit plans are still adjusting to new accounting rules under GASB 74 and 75, which feature increased reporting requirements and new actuarial methods. Milliman has worked with plan sponsors to adapt to these changes since they were first announced and continues to provide leading expertise and services.

Traditional defined benefit and defined contribution plans fall short in balancing the needs of employers, employees, and society at large. Milliman SIP stays funded in all market conditions and provides lifelong increasing benefits to retirees, all with stable, predictable contribution requirements.