607 - Multiple Employer Plans: Cost Sharing vs Agent Multiple

Many statewide governmental plans are comprised of hundreds or in some cases thousands of individual employers. Cost sharing plans typically calculate a single contribution rate for all employers while agent multiple plans will calculate a different contribution rate for each employer based on that employer’s experience. Both approaches can create distinct challenges for both individual employers and the system as a whole. This session will compare and contrast the two approaches with regard to spotting assumptions, funding policies, and compliance with Actuarial Standards of Practice.

Speakers:

Mr. Mark Henry Buis

Gabriel Roeder Smith & Company

Mr. Paul Matson

Arizona State Retirement System

Mr. Paul Matthew Baugher

Foster & Foster, Inc.

Paul Thomas Wood

Gabriel Roeder Smith & Company

Credits:

CPD Credit: 1.50 EA Core Credit: EA Ethics Credit: EA Non-Core Credit: 1.50 EA Formal Credit: 1.50