Actuarial Services

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The challenges of sponsoring a defined benefit retirement program are unique. In addition to adhering to the ever-changing landscape of regulatory and compliance issues, sponsors need to be vigilant in aligning their investment and funding policies to minimize balance sheet, cash flow and expense volatility. CBIZ Retirement Plan Services can help you manage your benefit plans from beginning to end. We assist with plan design, compliance, actuarial valuations, cash flow testing and forecasting. The CBIZ RPS Actuarial Solution™ can help you make sure that your plan is in compliance, meets objectives and operates efficiently.

Retiree Health Care Actuarial Services

Our team can assist with:

  • Claims cost development
  • Actuarial assumption review
  • Annual actuarial valuation and financial reporting
  • Marketing and plan-specific trend analysis
  • Medicare Part-D attestation
  • Premium rate development
  • Cash flow projection and planning strategies 
  • IBNR and reserve analysis
  • M&A due diligence 
  • Plan start-up
  • Termination issues

Defined Benefit Actuarial Services

Our team can assist with:

  • Data and asset reconciliation 
  • Actuarial assumption review
  • Annual actuarial valuation and financial reporting
  • AFTAP certification and annual funding notices
  • PBGC filings, IRS forms and schedules
  • Compliance review and testing
  • Employee benefits statements
  • Cash flow projection and planning strategies
  • Plan design analysis 
  • Asset/liability study
  • Pension plan de-risking
  • Plan termination

GASB Services

Our team can assist with:

  • Review the necessary documents
  • Collect data and claims information
  • Determine liabilities and expenses
  • Assess GASB implications 
  • Recommend changes and solutions to mitigate GASB benefit cost

CBIZ Retirement Plan Services is a trade name under which certain subsidiaries of CBIZ, Inc. (NYSE Listed: CBZ) market investment advisory, investment management, third party administration, actuarial and other retirement plan services. Investment advisory and investment management services offered through CBIZ Investment Advisory Services, LLC, Registered Investment Adviser.  Investments, investment advisory and investment management services may also be offered through CBIZ Financial Solutions, Inc., Member FINRA, SIPC and Registered Investment Adviser, dba CBIZ Retirement Plan Advisory Services.  Third party administration, actuarial and other consulting services offered through CBIZ Benefits & Insurance Services, Inc.
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