Employment Group Pension Expertise

• Pension Analysis Consulting, Inc.

• Military Pension Valuation

• Police, Fire, State, Federal and Teachers Pension Actuarial Calculations

The actuarial professionals at PAC have experience and expertise providing divorce attorneys and mediators signed actuarial pension valuations for a broad range of employment group pension plans. Since 1988, we have been writing published articles and making CLE presentations and speaking engagements about topics such as calculating the present value of military pensions, police and fire pensions, teachers’ retirement systems, and other group pensions. Whether the pension plan is a defined benefit or defined contribution plan, we can help.

Valuing pensions for public employees requires detailed knowledge of the specific retirement systems. For example, members of many police and fire systems do not pay into Social Security, while some do (New Jersey Police and Fire, for example). Some state retirement systems have cost of living adjustments (New Jersey), some do not (Pennsylvania), while some have very limited cost of living adjustments (New York). In some systems, members may withdraw contributions at retirement and take a reduced monthly benefit, but cannot withdraw contributions while active. In other systems, such as New York City Police and Fire, members may take out loans while active, and have a reduced monthly benefit at retirement in lieu of paying back the loan. All these scenarios may come into play in a pension valuation.

Contact our offices to learn more ways we can help determine the future value of police pensions, fireman's pension, military, teachers, and all other employment group defined contribution plans. We invite you to read our articles on defined contribution valuations, on this website, as well.