Valuations for Matrimonial MattersThe firm's actuaries prepare valuations in matrimonial matters that include (1) computing the present value of the respective spouse's pension benefits; (2) the tracking of defined contribution plan accounts from the date of marriage to the marital action date or the date of divorce or the current date; (3) providing assistance in interpreting the retirement plan benefits earned by the respective spouses; and (4) preparation of present value schedules. In addition, the firm's actuaries compute the present values using various estate planning.
Government Accounting Standards Board (GASB) #45All public sector employers are required to value post-retirement health benefits and other non-pension benefits. Our actuaries have extensive experience in assisting public sector employers, including cities, towns, villages and school districts in the tri-state area with complying with these GASB #45 rules.
Financial Accounting Standards Board (FASB) #106Private sector employers are required to value post-retirement health benefits and other non-pension benefits. Our firm's actuaries have performed countless calculations for private sector employers who offer these benefits.