Edward H. Friend, a ground-breaking actuary and a force in the public sector pension community, died Tuesday, March 5, 2019 of natural causes in Boca Raton, Florida. He was 90.
He was lauded as the principal and audit actuary for CalPERS (the California Public Employee Retirement System), the New York State Pension Commission, and for his overhaul of the Massachusetts Teachers Retirement System. Altogether, his breadth of work aided millions of public employees throughout the country. He led the profession as President of the Conference of Actuaries in Public Practice and as a member of the Board of Governors for the Society of Actuaries.
A valedictorian and newspaper editor at East Orange, NJ, High School, he attended Princeton University, graduating Magna Cum Laude in 1950 with a degree in mathematics. He was a Lieutenant Jr. Grade in the US Navy serving in cryptanalytic endeavors in Washington, DC. Upon discharge, he began his decorated actuarial career, as President of Edward H. Friend and Co. from 1961 through 1983 and then founding EFI Actuaries in January 1990.
Friend is survived by his sister, Marion Merel, and her husband Leonard; his four children, Amy Friend Roberts, her husband, David, their children, Lee and Camille; Robert Ballin Friend, his wife, Maribel, their children, Alyssa, Brianna and Edward; Thomas Harry Friend, his wife, Robin, their children, Cole and Riley; Jennifer Friend-Kerr, her husband, Martin, and their children, Wesley, Lily, and Holly. He is also survived by his first wife and the mother of his children, Patricia Montague Friend, his second wife, Jane Bernstein Friend, and is predeceased by his third wife, Eleanor Ball Friend.
A Memorial Service will be held in Washington, DC this June 2019. In lieu of flowers, please send contributions In Memoria to the Annual Fund of The Rotary Foundation at www.rotary.org.
Published in The Washington Post on Mar. 10, 2019