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.
Assessing Public Plan Objectives
Why do states, municipalities, and other government organizations offer pension plans? In theory, plan sponsors should be able to articulate the objectives of their public pension plans (the reasons for offering them); however, few can actually do so.
Why Mortality Improvement Scales Matter
For the first time since the Society of Actuaries (SOA) began publishing annual mortality improvement scales for pension plans in 2014, it did not release an updated scale in 2022.
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.
An open letter to our clients
SECURE 2.0 Act of 2022 Increases Age for Required Minimum Distributions
The SECURE Act 2.0 increased the age for required minimum distributions.
IRS Announces 21 Cent Increase in 2022-2023 PCORI Fee
The IRS has set the applicable dollar amount for the Patient-Centered Outcomes Research Institute (PCORI) fee for policy years and plan years ending on or after October 1, 2022 and before October 1, 2023 at $3.00 per covered life.
SECURE 2.0 Act of 2022 Passed: Overpayment Provisions Now Effective
The SECURE Act 2.0 made important changes with respect to the recoupment of overpayments to plan participants and beneficiaries.
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
- 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.