Specialized Services

 

"Grow Your Retirement" Package

“87% of survey respondents expressed they believe a financial planning benefit would make them feel their employer recognizes and values their effort in the workplace.”                                                                                                                                                                                             - Ameriprise Financial

As retirement plan experts, Markley Actuarial has the desire, knowledge and skills to communicate your wish for employees to grow a healthy, fruitful retirement – plant their seed for retirement and watch them grow.

Our “Grow Your Retirement” package includes three levels of education:

A. “Grow Your Retirement” Employee Meetings
  • 1-hour multi-media presentation at location of choice
  • Big picture retirement issues and statistics
  • Description and Value of your retirement plan
  • Impact of individuals’ preparation for retirement
  • Web-based retirement calculator
  • On-site Question and Answer session after meeting
B. “Grow Your Retirement” Employee Meetings and Personal Employee Statements for 401(k) Plans
  • Items in Package A above plus:
  • Personal statement for each employee
  • Tool to help employee determine how much to defer to reach personal retirement goals and objectives
C. “Grow Your Retirement” Employee Meetings and Personal Employee Statements for Multiple Retirement Plans, including Social Security
  • Items in Packages A and B above plus:
  • Personal statements combine benefits of multiple plans plus social security
  • “Success Analysis” – evaluation of your Employees’ Replacement Ratios and Deferral Percentages

Pension Protection Act Consulting

The Pension Protection Act of 2006 represents the most dramatic change in Pension Plan funding requirements in over 30 years. Our consulting includes the review of Defined Benefit Plan Risk and Liability Driven Investment Analysis.

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.  Markley Actuarial is 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.  Our dedicated staff has 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.  We 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.