Stress Testing Makes MainePERS Sustainable

Maine Public Employees Retirement System

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.

Read More

Variable Pension Plan Advantageous for Union Members and Employers

Greater Boston Hospitality Employers Local 26

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.

Read More