Retirement Maximize the longevity and security of your plans
Your participants work hard. We can help make sure their retirement benefits work hard for them, too.
Your participants work hard. We can help make sure their retirement benefits work hard for them, too.
We provide a full suite of consulting and actuarial services designed to maximize the longevity and security of all types of retirement programs with a focus on multiemployer Defined Benefit and Defined Contribution programs. We also consult to public and corporate pension plans. Our services include:
Talk to an advisorWhether it's designing a new plan or redesigning an existing plan, we provide choices to satisfy Trustee objectives. We develop innovative design options to provide adequate benefits, address industry staffing needs, protect your plan’s long-term financial health, and manage plan risk.
We assist Trustees in costing, projecting and analyzing the trends and results from changes in benefits, contributions, assumptions, and cost methods. Our projections can also be modeled interactively to provide Trustees with the tools needed to make proactive decisions about benefit and rate changes, stay in front of trouble or plan for benefit recovery.
We provide legislative and regulatory compliance support, including actuarial valuations for pension plans, PPA certifications, required notices, withdrawal liability, and discrimination testing for Defined Benefit (DB) and Defined Contribution (DC) plans.
We can assist in completing required government filings, processing complicated pension calculations, or helping revise Plan Documents, Summary Plan Descriptions or customized participant communications.
We have considerable experience with bargaining support, benefit design and cost analysis, plan merger analysis and implementation, stochastic modeling, actuarial assumption studies, and other special projects.
We provide full-service employee benefits communications consulting designed to increase awareness and improve participant experience.
Communications ConsultingWe understand the significant role retirement plans play in people’s long-term financial health. Our team of actuaries and consultants is committed to serving the full spectrum of retirement systems, recognizing that our work today will impact countless lives tomorrow.
We specialize in collectively bargained plans and have a deep knowledge of multiemployer retirement plans, issues, and trends. We are experienced with designing, implementing and communicating about all types of Defined Benefit and Defined Contribution plans, including hybrid designs such as Variable Defined Benefit and Cash Balance plans.
While our consultants are committed to building strong, long-lasting relationships with each client, they are part of a larger team that includes knowledgeable analysts and co-consultants who know the details of each plan, and the goals of each client.
We are small enough to be nimble and flexible in developing creative solutions customized to the unique needs of each client.
We have earned our clients’ trust as independent, unbiased advisors by delivering timely, dependable client service and clear, transparent client communications.
As an employee-owned firm, Rael & Letson is a desirable place to work, allowing us to attract and retain a talented staff of actuarial, consulting, and support staff. Our clients benefit from the efficiency and institutional knowledge that consultant continuity brings.
Paul Graf will speak on post-SFA compliance for multiemployer plans at the Conference of Consulting Actuaries annual meeting in October.
Read moreBrian Harper will speak on Variable Annuity Pension Plan Lessons Learned at the IFEBP Annual Employee Benefits Conference in San Diego.
Read moreJeff Frizzell & Charity Gourley spoke at the NWAA conference on the application process & communication for Special Financial Assistance.
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