Consultants and Actuaries

Jim Anderson is a Senior Consultant in GRS’ Grand Rapids (Rockford), Michigan office. He has more than 30 years of actuarial and benefits consulting experience. Jim has served public sector clients located across the country, and currently in Michigan, Virginia and Wisconsin.

His areas of expertise include plan design, funding, accounting, and administration and communication of defined benefit plans, defined contribution plans, and post-retirement medical plans. Jim has significant experience providing assumption reviews, experience studies, cash flow projections, and actuarial audits. His plan design expertise covers Deferred Retirement Option Plans (DROP), defined benefit to defined contribution conversion studies, hybrid plans, including cash balance, and early retirement incentive programs. In addition, he regularly assists his clients with benefit administration functions such as reporting, communications, and implementation of their pension and post-retirement medical plans.

Professional Designations

• Fellow, Society of Actuaries
• Enrolled Actuary
• Fellow, Conference of Consulting Actuaries
• Member, American Academy of Actuaries

Professional Affiliations

• Elected Member of Society of Actuaries Retirement Section Council (2017-2019)

Presentations and Publications

Prior to their effective dates, Jim co-authored an article regarding GASB Statements 67 and 68 for the Michigan Association of Public Employees Retirement Systems (MAPERS).

Jim also regularly serves as a conference speaker:

• Nationally at meetings of Enrolled Actuaries, the Conference of Consulting Actuaries and the Association of Public Pension Fund Auditors.
• Locally at meetings of MAPERS and MPELRA in Michigan, Pennsylvania PAPERS, and at the Government Finance Officers Association (GFOA) in Arizona, Michigan and Wisconsin.

Education

Bachelor of Science, Actuarial Mathematics, University of Michigan