The process of designing a retirement program is complex and requires careful consideration of many business directives and external forces. During this webcast, we will approach the challenges and considerations around designing a retirement program through the plan sponsor’s perspective. The webcast will touch on what sponsors take into consideration while designing a retirement plan, the process of socializing and aligning the program to the sponsor's goal and lessons learned through a design process.
Who Should Participate
Pension actuaries involved in helping sponsors in the design of retirement programs.
Enrolled Actuary Credit
This webcast is recommended to meet Enrolled Actuary continuing education requirements. While the sponsor of this program recommends this topic to satisfy Core continuing education credit for Enrolled Actuaries, the final decision as to meeting this requirement rests with the Joint Board for the Enrollment of Actuaries.
- Non-Core Credit: 90 minutes (1.80 units)
How to Obtain ENROLLED ACTUARY (EA) Credit
William A. Branch, ASA, EA
Director, Benefits Analytic Services
Northrop Grumman Corporation
William A. Branch, ASA, EA, is the director of benefits analytic services for Northrop Grumman Corporation. He is responsible for providing analytic services regarding the various benefit programs to Senior Management. Branch’s responsibilities include preparing forward pricings, government claims, financial forecasting and reporting for Northrop Grumman’s pension, savings, post-retirement benefits, and health and welfare benefit programs. The benefit analytics department also assists the various business sectors in communicating and understanding their benefit program costs.
Prior to joining Northrop Grumman, Branch worked for over 25 years as a retirement plan actuary for Willis Towers Watson, both in Los Angeles and Tokyo; he consulted on many retirement plan issues for large complex international organizations. Branch has specialized expertise in U.S. government contracting matters as they relate to benefit programs, having consulted with many large defense contractors before joining Northrop Grumman.
Branch has a bachelor’s degree in mathematics from the University of California at Los Angeles, is an Associate of the Society of Actuaries and an Enrolled Actuary.
Kelly S. Coffing, FSA, EA, FCA, MAAA
Kelly S. Coffing, FSA, EA, FCA, MAAA, is a principal and consulting actuary for a variety of multiemployer pension plans with the Seattle Employee Benefits practice of Milliman. Coffing frequently speaks at professional employee benefit meetings on topics affecting pension plans, including alternative retirement plan design.
Fred Reish, J.D.
Drinker Biddle & Reath, LLP
Fred Reish represents clients in fiduciary issues, prohibited transactions, tax-qualification and Department of Labor, Securities and Exchange Commission and FINRA examinations of retirement plans and IRA issues.
Reish works with both private and public-sector entities and their plans and fiduciaries, while representing plans, employers and fiduciaries before federal agencies such as the DOL and IRS. He consults with banks, trust companies, insurance companies and mutual fund management companies on 401(k) recordkeeping services, investment products and issues related to plan investments and retirement income. Reish also represents broker-dealers and registered investment advisers on issues related to fiduciary status and compliance, prohibited transactions and internal procedures.
His experience also includes advising insurance companies and investment managers of the development of products and services that are consistent with ERISA's fiduciary standards and prohibited transaction restrictions, including retirement income investments and guarantees.
Julie A. Curtis, FSA, EA, MAAA
Julie A. Curtis, FSA, EA, MAAA, recently retired from the Boeing Company in Seattle, as the director of actuarial services for over 20 years. In this role, she oversaw most actuarial aspects of the company’s pension and retiree medical plans, including funding, financial accounting and accounting for the plans under government contract rules. Curtis is a Fellow of the Society of Actuaries, an Enrolled Actuary, a member of the American Academy of Actuaries and a frequent volunteer for the Society of Actuaries. She graduated from Duke University with a BA in mathematics and French literature, and received an MBA with an emphasis in finance from the University of Puget Sound.