Plan Design Options to Meet the Current Challenging Environment

This session has been archived and is no longer available for purchase. Participants who have purchased archived sessions are still able to access the video and receive credit.

Session Summary: Public pension plans are facing many challenges right now, including funding needs in a low interest rate environment, evaluation and management of risk, and healthcare and mortality improvements. In this session, the actuaries will discuss various options when it comes to plan design for pension and healthcare plans and outline the risks and impacts for each option. This session is from the 2023 Trustee School. Content may be dated.
 
Presenter:
Ed Koebel, EA, FCA, MAAA
CEO
Cavanaugh Macdonald Consulting
 
Jessica Fain
Consultant
Cavanaugh Macdonald Consulting

Credits: This course is worth 1.0 GAPPT CEC (Continuing Education Credit). It also qualifies for 0.1 IACET CEU (Continuing Education Unit).
Instructions: Participants must watch the session video presentation and pass the session assessment to earn GAPPT CECs and IACET CEUs.
Prerequisites: None.
Equipment Requirement: Computer, tablet or smartphone and internet access. To avoid issues, please use Google Chrome as your browser.
 

Instructors

Ed Koebel, EA, FCA, MAAA

Ed Koebel is the Chief Executive Officer and Consulting Actuary at CavMac. He has over 30 years of public sector actuarial and consulting experience providing services to all types of public clients.  Ed serves as a lead consulting actuary for many State and Municipal level pension plans in the Southeast and other parts of the country.  As the CEO of CavMac, Ed leads the day-to-day operations of the firm.  He is also the Retirement Practice Leader in our office and is responsible for the development and mentoring of our junior staff.

Ed is an educator for the Certificate of Achievement in Public Plan Policy (CAPPP) for Pension I – Actuarial Principles for the International Foundation of Employee Benefit Plans. He is also a speaker at conferences for national and local organizations serving public plans in the United States, including NCTR, P2F2, and the Georgia Association of Public Plan Trustees (GAPPT).

Education: B.A. in Actuarial Science from Syracuse University

As a regular GAPPT presenter, Mr. Koebel has received information regarding educational instructional methods and adult learning processes.

Jessica Fain

Ms. Fain is a Consultant of Cavanaugh Macdonald Consulting, LLC.  She has been providing actuarial valuation and consulting services for the retirement and OPEB systems covering state and local government employees for over 8 years.  Her range of experience includes health claims underwriting, data analysis, gain-loss analysis related to the design, administration, and funding of public Other Post-Employment Benefit (OPEB) Plans.

Ms. Fain has a master’s degree in actuarial science From Roosevelt University and received her undergraduate degree from the University of Georgia.

As a GAPPT presenter, Ms. Fain has received information regarding educational instructional methods and adult learning processes.

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