GASB45

Accounting for Post-Employment Benefits other than Pensions

Markley Actuarial is a 22-year-old firm based in the City of Lancaster, with four professionally designated actuaries and a total of 14 employees.  They are Lancaster’s only resident actuarial consulting firm providing these services to Lancaster County.  Markley Actuarial has a relationship-centered philosophy specializing in face-to-face meetings and individualized consulting.  Their dedicated staff helped many private sector employers implement a similar accounting standard in the early 1990s and they are ready to help your organization implement GASB 45 today.

GASB 45 Valuations

Markley Actuarial executes the following steps to serve your individual needs:

  1. Meet with you to review goals and objectives
  2. Prepare a baseline actuarial valuation and written report
  3. Present funding options
  4. Recommend plan design changes, as needed
  5. Provide a 10-year projection of OPEB costs and liabilities
  6. Meet with you to deliver the written report and discuss results

Other Services to Public Schools

Markley Actuarial helps public schools analyze and prepare for the impact of rising PSERS contribution rates on their budgets.

Markley Actuarial’s Face-to-Face Approach

Markley Actuarial specializes in face-to-face meetings and individualized consulting.  They help plan sponsors understand and make the best decisions related to their OPEB plans.  Markley Actuarial is a competitively priced alternative to meet GASB 45 standards for your OPEB plan.