Unlock the future impact of your decisions
FutureCost is a suite of robust, web-based tools designed for corporations, multiemployer plan sponsors, and public plan entities that are faced with the short- and long-term risk inherent in plan sponsorship, volatility in key costs and financial measures, and long-term contribution needs.
Get the insights you need to effectively manage your plan
Quickly and conveniently project the assets and liabilities of retirement and other post-employment benefits (OPEB) plans into the future based on a wide range of variables. Understand plan contribution requirements, funded status, accounting expense, balance sheet impacts, and more. FutureCost offers both deterministic and stochastic modeling approaches to give our clients a full suite of projection capabilities.
Keep everything in one place
Store plan documents, actuarial valuation reports, and other key documents in one convenient location.
Pinpoint key insights
Simplify complex results through a modern, intuitive interface.
Communicate with ease
Export FutureCost results easily to create tables and charts for reports and presentations.
Compare possibilities
Model scenarios in real time based on future discount rates, inflation, investment returns, and contribution patterns, and use stochastic or deterministic models most appropriate for your business.
Stay in the know with Milliman Daily Pension Tracker
Get daily updates via email, text, or online dashboard that help you respond effectively to market trends and support liability-driven investment strategies. You’ll always have up-to-date information to support effective asset allocation and volatility management.
Project any “what-if” scenario you can imagine based on variables including…
- Discount rates
- Asset returns
- Investment strategies
- Contribution strategies
- Benefit design
- Covered populations
Understand plan volatility and answer questions such as…
- What is the impact on the volatility of my plan by changing the investment allocation?
- How will switching to a glide path change the range of outcomes for my plan?
- What is the probability that my plan’s funded status will be above or below a key level? How does my plan’s funding and investment policy impact that probability?
- When can I terminate my plan? How do the decisions I make today impact my path to termination?
- How does a lump sum window or annuity purchase impact my plan?
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GASBhelp
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