When it comes to pension plan design in the public sector, GRS is the subject matter expert. Our actuaries and consultants approach plan design projects with a focus on the following areas:
- Providing education on plan design options (pros, cons, trends)
- Stakeholder communication
- Working with the client to establish goals and objectives of the redesigned plans
- Employing actuarial and plan design technology tools to deliver analyses of the various design options
- Providing guidance and recommendations on which plan features will best meet the client’s goals.
- Implementation strategies