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 strong in-house software development capacity enables us to create customized tools to meet unique client needs.
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.
Count on predictable contributions and lower investment risk while securing lifetime pensions for your participants.
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.
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.
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.
Multiemployer plans await final PBGC aid rules
It's been roughly six months since the Pension Benefit Guaranty Corp. began approving special financial assistance applications for struggling multiemployer plans, and while stakeholders are pleased with the pace of approvals and transparency from the PBGC, they're also eager for the agency to issue final rules concerning the amount of aid plans will receive.
The Costs of COVID-19: Assessing the Impact, Preparing for the Future
As the United States enters the third year of the COVID-19 pandemic, sponsors of group health care plans for employees and their dependents continue to face uncertainties and challenges related to both the direct and indirect costs of this health crisis. Each plan sponsor's experience with COVID-19 will vary by the demographics of covered members, including geographic region, vaccination rates, ages and more. This article will review the direct and indirect costs for self-funded health care plans related to the pandemic and provide strategies for predicting and addressing these costs.
Pension board lowers San Diego's annual payment $31M in response to stock market gains last year
San Diego's pension board has unanimously approved lowering the city's pension payment nearly $31 million during the new fiscal year, from $414.9 million to $384.3 million.
An open letter to our clients
Agencies Provide Final Changes to 2022 Form 5500
The Department of Labor (along with the Pension Benefit Guaranty Corporation and the Internal Revenue Service) has finalized the changes to the schedules of Form 5500 for 2022.
Sequestration Returns for Medicare Programs
Federal sequestration began a three-month phase-in on April 1, 2022, after being suspended from May 1, 2020, through March 31, 2022. This affects the Retiree Drug Subsidy (RDS) Program, as well as Medicare Advantage (MA) and Part D Employer Group Waiver Plans (EGWPs).
Further Extension of Relief from the Physical Presence Requirement for Participant Elections
The IRS has extended the relief from the requirement that participants and beneficiaries be physically present to have certain elections witnessed and notarized.
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.
- Coralie Taylor, Consulting Actuary, FSA, FCA, MAAA, EA
- Alice Alsberghe, Consulting Actuary, ASA, MAAA, EA
- Kathy Swan, Consulting Actuary, FSA, MAAA, EA
- Alex Kupperman, Consulting Actuary, FSA, CERA, MAAA
- John McKevitt, Consulting Actuary, ASA, MAAA, EA
- Michael Schionning, Principal Consulting Actuary, FSA, MAAA
- Leighann Maloney, Senior Actuarial Analyst
- Timothy Doyle, Associate Actuary, ASA, MAAA, EA
- Chris Ludwiczak, Associate Actuary, FSA
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.