Actuarial Services

At BPAS, actuarial work goes beyond calculations. We apply advanced mathematics, statistics, and financial theory to help you anticipate future financial impacts and plan with confidence.

Our integrated approach combines actuarial, administrative, and communication resources—so you get clear analysis and practical guidance without unnecessary friction.

With more than 30 credentialed actuaries, BPAS helps you protect promised benefits while managing risk responsibly. We support the timely payment of retirement and death benefits, calculate required employer contributions, and design strategies that keep defined benefit plans sustainable today and over time. 

BPAS provides pension actuarial services, OPEB valuations, and retirement and health benefit consulting for plans of all sizes in both the private and public sectors. 

Our actuarial team supports a wide range of plan types and regulatory requirements, delivering practical solutions tailored to each organization.

Services include:

• Single employer, multiemployer, municipal, and church plans
• ERISA and non-ERISA plans
• Large plan and tax-deferred plan solutions
• Traditional Defined Benefit, Cash Balance, DB outsourcing, OPEB, and executive benefit plans
• Funding and GAAP valuations
• ERISA and GAAP financial reporting
• Government filings and ongoing compliance support
• Audit support, including liability calculations and reconciliations
• Plan design and re-design consulting, amendments, and restatement reviews

BPAS offers advanced actuarial consulting to help you navigate complex decisions, manage risk, and guide long-term strategy.

Specialty services include:

• Custom discount rate development using personalized methodologies
• Lump sum window analysis, design, documentation, participant communications, and distribution processing
• Deterministic and stochastic forecasting of assets, liabilities, and funding strategies
• Asset-liability modeling to evaluate risk, return, and tolerance thresholds
• Pension de-risking strategies, including lump sums, annuity purchases, and plan terminations
• Employer liability consulting for multiemployer plans, including withdrawal liability estimates and solvency analysis
• Qualified and non-qualified plan design, including hybrid plans and SERPs
• Pension committee support with regular funding updates, regulatory guidance, and recommendations

BPAS integrates actuarial rigor with benefits consulting to help employers manage healthcare costs, assess risk, and plan with confidence.

Health benefits actuarial services include:

• Retiree group health benefit valuations
• Premium equivalent and COBRA rate development
• Incurred but not reported (IBNR) claim reserve analysis
• Medicare Part D attestations
• Healthcare trend, budget, and variance forecasting
• Population risk, cost, and utilization analytics
• Evidence-based care analytics for chronic condition management

BPAS actuaries and advisors have supported employee benefit plans like yours since 1973. Originally a spin-off of PricewaterhouseCoopers Global Human Resources Solutions, our credentialed team serves pension plans and retiree health programs across the private and governmental sectors.

We deliver the experience, technology, and individualized support needed to manage retirement and benefit plans with confidence.