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November 6, 2019

GRS Contributes Article to SOA on Variable Benefit Plans

Brian Murphy, FSA, EA, FCA, MAAA, PhD has authored the article “A Variable Benefit Plan for the Public Sector” in the SOA publication, “In the Public Interest.” The publication is sponsored by the Social Insurance and Public Finance section of the Society of Actuaries (SOA). In this article, Brian discusses how a variable benefit plan helps balance inflation protection and employer contribution rate stability.  He illustrates these plan objectives using a case study based on the experience of the Wisconsin Retirement System. 

The article is available here.

To learn more about variable benefit plans, please contact Brian at brian.murphy@grsconsulting.com or your GRS consultant.