Nov
05
The price tag continues to grow for San Diego's unsuccessful attempt a decade ago to eliminate pensions for most city workers, but city officials found out this week they will likely get more time to come up with the money.
Classic Values
Innovative Advice
We seek to empower you to understand and manage the risks of your pension and health plans. We combine our highly qualified consultants and sophisticated tools to create effective solutions to address those risks.
Our Solutions
Our strong in-house software development capacity enables us to create customized tools to meet unique client needs.
Pension
How Will You Handle Volatility?
We regularly stress test pension and health and welfare plans to illustrate the biggest risks to your plans. We analyze the impact of changes in investment returns, interest rates, longevity, and contribution rates to find out how vulnerable you are to market volatility.
Adjustable Pension Plans
How Can Adjustable Pension Plans Help You?
Count on predictable contributions and lower investment risk while securing lifetime pensions for your participants.
Health & Welfare
Is Your Health Plan Meeting Your Needs?
Cheiron understands the balance between providing valuable benefits and managing your fund’s assets. We can help your fund achieve its goals by projecting cash flows, pricing benefits, finding the right business partners, and much more.
Cheiron Case Studies
Stress Testing Makes MainePERS’ Cost-Sharing Plan Sustainable
Sandy Matheson, executive director of MainePERS, worried about the impact on participating local districts of earning less than the discount rate so she asked Cheiron to stress test a range of likely scenarios.
Variable Pension Plan Advantageous for Union Members and Employers
Members of the Greater Boston Hospitality Employers Local 26 wanted a secure pension plan. Participating employers worried about the costs and risks of a DB plan. So the union asked Cheiron to design a pension plan that would satisfy both groups.
News
Oct
14
PBGC issues multiemployer withdrawal liability proposal
The Pension Benefit Guaranty Corp. has proposed a rule to provide interest rate assumptions for determining a withdrawing employer's liability to a multiemployer plan.
Jul
19
PBGC loosens restrictions in multiemployer assistance rule
Multiemployer pension plan stakeholders are much happier now that the final rule for a new federal assistance program has loosened investing restrictions and adjusted the way aid awarded to struggling plans is calculated.
Resources
Nov
30
An open letter to our clients
More From Cheiron
IRS Announces 2023 Pension Limits
10/25/22
The IRS has released the pension limits for 2023.
Agencies Request Information on Advance Explanation of Benefits Requirement
10/20/22
The Departments of Health and Human Services, Labor, and the Treasury have requested information prior to issuing regulations on the requirement for health plans to issue an Advance Explanation of Benefits (EOB).
FDA Allows Sale of Over-the-Counter Hearing Aids Effective October 17
10/18/22
Effective October 17, the FDA is permitting hearing aids to be sold over the counter. Plans with hearing aid coverage may want to evaluate to what degree they wish to cover OTC hearing aids.
Grow Your Actuarial Career with Us
Contribute big ideas. Collaborate with colleagues around the country. Work on a variety of projects. At Cheiron, you can be an actuarial consultant and still crunch numbers. Because of our rapid growth, we have opportunities for talented actuaries at all levels. Come grow with us.
“Cheiron trusts me and all employees to do our best for the clients, and this encourages me to develop my consulting skills so that I am a better employee and better consultant for our clients.”
- Coralie Taylor, Consulting Actuary, FSA, FCA, MAAA, EA
“The variety of clients I service and the projects I’m involved in and the integrity and quality of work at Cheiron are among the reasons I plan on staying here for a very long time.”
- Alice Alsberghe, Consulting Actuary, ASA, MAAA, EA
“The beauty of working here is that my opinions and ideas are not disregarded because I am considered too junior or inexperienced.”
- Kathy Swan, Consulting Actuary, FSA, MAAA, EA
“Cheiron has an unusually collaborative and creative culture.”
- John McKevitt, Consulting Actuary, ASA, MAAA, EA
“At Cheiron, consultants constantly share ideas so that we can create unique solutions for our clients and actually see the positive impact of our consulting advice on our clients and their members.”
- Michael Schionning, Principal Consulting Actuary, FSA, MAAA
“Cheiron offers an innovative culture made up of talented individuals who are dedicated to their clients and each other; it’s truly a rewarding company to work for.”
- Leighann Maloney, Senior Actuarial Analyst
“Cheiron’s culture is one of openness. If I have a question, I can reach out directly to several experts on the subject. Everyone is available just a click or a call away.”
- Timothy Doyle, Associate Actuary, ASA, MAAA, EA
“At Cheiron, we all have flexible schedules to work around life and families outside the office. Inside the office, it is a small community filled with big personalities.”
- Chris Ludwiczak, Associate Actuary, FSA
5 Top Reasons to Work at Cheiron
Use sophisticated tools
We’re at the forefront of building new technological tools to help clients manage the risks of their plans.
Create unique solutions
Our consultants are known for creative approaches to solving formidable problems.
Earn a share of company profits
Cheiron has contributed to the profit-sharing program every year since 2004.
Receive a handsome healthcare package
We pay the insurance premiums for you and your children and contribute to health reimbursement and flexible spending accounts.
Aim for an FSA
We encourage you to adjust your workflow and take study leave. Actuaries receive generous raises and bonuses for passing exams and attaining actuarial credentials.