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Retirement & Benefits Solutions

Pensions

Overview

Milliman pension solutions 

Defined benefit consulting

Defined benefit consulting

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Review the latest study on the funding levels of corporate pension plans.

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Insight

Milliman pensions insight

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Case study

Utilizing excess assets in a defined benefit plan for effective workforce reduction

The challenge: incentivizing a workforce reduction

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White paper

Market Based Cash Balance Plan (MBCBP): Frequently Asked Questions

We answer some FAQs to help employers decide whether to sponsor a market-based cash balance plan.

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Article

Pension risk transfers: DOL reviews IB 95-1, guidance for selecting an annuity provider

The Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor (DOL) recently issued its report to Congress on Interpretive Bulletin 95-1 (IB 95-1).

Article

How has pension plan participant behavior changed within a high interest rate environment?

De-risking considerations for plan sponsors

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Article

Dear Actuary: Actuarial audits

An overview of the many potential perspectives for an actuarial review as well as the possible levels of detail for the review.

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Article

Frozen pension plan with a surplus? Four strategies for plans with excess assets

According to Milliman’s latest Pension Funding Study, over one-third (35) of the 100 plans in our study have excess assets. This article explores four different approaches plan sponsors can take for frozen plans with surplus assets.

Case study

Is it time to unfreeze your company’s defined benefit plan?

How a prefunding strategy and rising interest rates enabled a nonprofit to reopen its pension

ARTICLE

Should you switch to the standard method to calculate your 2023 PBGC premiums?

Switching methods used to calculate premiums paid to the Pension Benefit Guaranty Corporation (PBGC) can be a good way for plan sponsors to save on those payments.

Article

Actuarial impact of SECURE 2.0 on single employer DB plans

The SECURE 2.0 Act of 2022 was signed into law on December 29, 2022. While most of the attention has been on the changes that apply to defined contribution (DC) plans, there are some that apply to defined benefit (DB) plans.

article

Why should projections matter to pension plan sponsors

Good governance by a plan sponsor involves not only knowing where a pension stands today, but also where it may be going.

Podcast

Critical Point Episode 24: What the CARES Act means for retirement plans

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Related products

Milliman pensions products

Pension modeling & analytics

FutureCost

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Insurance risk assessment
Insurance risk assessment

IntelliScript

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Multinational accounting disclosure management
Multinational accounting disclosure management

Milliman Account

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Pension administration and communication
Retirement benefits administration platform

Millimanbenefits.com

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Pension administration and communication
Pension administration & communication

Milliman Actuarial Retirement Calculator (MARC)

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Pension plan management
Pension plan management

Milliman Daily Pension Tracker

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Pension funding and FAS reporting tool
Pension funding & FAS reporting

Pension Performance Dashboard

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Benefit plan evaluation
Benefit plan evaluation

Milliman Online Total Rewards (OTTER)

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Pension plan management
Online projection tool and information center

Milliman OPTIC

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Pension funding and FAS reporting tool
Retirement plan design

Small Business Retirement Plan Solution

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Related services

Milliman pensions services

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