Rael & Letson A trusted advisor for over 60 years

We are an independent employee benefits consulting and actuarial services firm helping to bring high-quality, cost-effective benefits to working people and their families.

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Our Solutions

We offer industry-leading advisory and analytic services focused on optimizing benefits, increasing participant engagement, controlling costs, and mitigating risk.

  • Retirement consulting and actuarial services

    Consulting and actuarial services designed to maximize the longevity and security of retirement programs.

    Retirement

  • Health Benefit Plan consulting and actuarial services

    Creative solutions for providing benefits, controlling costs, and supporting participant health and well-being.

    Health Benefits

  • Pharmacy Benefits Management consulting

    Consulting on drug pricing and PBM contracting to optimize fully insured and self-insured pharmacy benefits programs.

    PBM Consulting

  • Retiree Health consulting and actuarial services

    Financial modeling, analysis, and consulting for multiemployer and public sector retiree health plans.

    Retiree Health

  • Communications consulting

    Full-service employee benefits communications consulting designed to increase engagement and improve participant experience.

    Communications

Industry Insights & News

Insights
PBM Consulting

TrumpRx: Will it impact Rx benefit plans?

The current administration is looking to make many popular drugs more accessible. Could these efforts impact your pharmacy benefit plan?

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Health Benefits

Managing a health plan transition

Changing health plans requires careful review of financial, legal, operational, and participant impacts to ensure a smooth transition and fulfill trustee fiduciary duties.

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Company News

2026 CSMFO Annual Conference Recap

We were proud to exhibit at the 2026 CSMFO Annual Conference in Palm Springs and connect with the public finance professionals shaping California’s future.

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Insights

We specialize in collectively bargained and multiemployer plans in many industries

Who We Serve
  • Automotive
  • Bakers
  • Bricklayers
  • Carpenters
  • Cement Masons
  • Cities/Counties
  • Concession Vendors
  • Education
  • Electrical Workers
  • Entertainment
  • Fire Districts
  • Floor Covering
  • Glaziers
  • Growers
  • Hotel & Restaurant
  • Insulators and Asbestos Workers
  • Ironworkers
  • Janitors
  • Laborers
  • Lathers
  • Longshore
  • Machinists
  • Maritime
  • Municipalities
  • Nonprofits
  • Office and Professional
  • Operating Engineers
  • Pipe Trades
  • Plasterers
  • Plumbers
  • Roofers
  • Service Employees
  • Sheet Metal
  • Sign Pictorial and Display
  • Single Employer plans
  • Teamsters
  • Theatrical
  • Tile industry
  • Transit Authorities
  • Transportation
  • United Food and Commercial Workers
Who We Serve

Why Rael & Letson

About Us

  • We are small enough to be nimble and flexible in developing creative solutions customized to the unique needs of each client.

  • We specialize in collectively bargained plans and have a deep knowledge of multiemployer benefit plans, issues, and trends.

  • We help solve our clients’ most complex problems, delivering proactive consultation, creative solutions, and high-quality analysis.

  • We care about our clients and go the extra mile to build strong, long-lasting client relationships.

  • We have an exceptionally well-qualified staff that is highly trained and up to date on best practices, with deep industry expertise and experience.

About Us