William Most
EA, MAAA
Principal & Consulting Actuary
New York, NY, US
Bill is a principal and consulting actuary in the New York office of Milliman. He joined the firm in 2002 and is the New York Region Retirement Practice Leader.
Experience
Bill has had significant pension and employee benefits consulting experience since beginning his career in 1981.
Bill’s areas of expertise include defined benefit plan funding issues, GAAP and SSAP accounting requirements, plan redesign, and non-discrimination testing. He also has experience with OPEB valuations, defined contribution plans, nonqualified plans, and defined benefit plan outsourcing. Bill is an expert in the nuances of pension funding under the Pension Protection Act of 2006 and is the chairman of Milliman’s Corporate Strategic Planning Group. His clients include not-for-profit organizations, law firms, and corporations.
Professional Designations
- Enrolled Actuary certified by the Joint Board of the U.S. Departments of Labor and Treasury
- Member, American Academy of Actuaries
Education
- BA, Mathematics, Hobart College, Geneva, N.Y.
Publications
Read their latest work
Article
Longevity plans: An answer to the decline of the defined benefit plan
11 May 2015 - by William Most, Zorast Wadia
Defined contribution plans have essentially replaced defined benefit plans, but with defined contribution plans, participants take on longevity risk.
Article
Rising interest rates redefine options for frozen DB plans
26 September 2013 - by William Most, Zorast Wadia
Low interest rates significantly increased defined benefit plan liabilities, which led many plan sponsors to freeze plans with an aim to terminate plans when interest rates rose. With interest rates poised to rise, it's time to evaluate whether or not plans should be terminated and whether alternative options should be considered.
Article
The retirement landscape: Hazardous and challenging terrain
31 May 2011 - by Dawn E. Helwig, Jeffrey M. Higgins, Janet McCune, William Most, Allen J. Schmitz
If nothing in life is certain except death and taxes, nothing in life seems quite so uncertain for most workers today as a comfortable retirement. Record low interest rates are compounding an already complex problem.
Article
Saving for retirement: What can employers do?
31 May 2011 - by Dawn E. Helwig, Jeffrey M. Higgins, Janet McCune, William Most, Allen J. Schmitz
Employers who want to provide employees with more than nominal retirement benefits need to exam how to make their benefits work in today's complex retirement landscape.
Article
Walking the line—Factors for evaluating potential freezes of defined benefit plans
01 November 2006 - by William Most
The decision to freeze a DB plan must be based on a careful consideration of accounting rule changes, investment strategies, and more.