While plan assets have taken a steep hit during 2022, many plan sponsors still find their plans better funded due to the decrease in liabilities and the rise in interest rates. Given the magnitude of the changes in the markets, now is an ideal time to review your plan's objectives and evaluate opportunities for lump sum windows, annuity purchases, plan termination, or other plan design changes.
Whatever the status of your corporate pension plan today, it’s important to have a defined de-risking strategy in place so you’re ready to take advantage of market conditions.
Our speakers will discuss:
- The life journey of a pension plan
- Is a lump sum window the right strategy for you?
- Preparing for an annuity purchase
- Strategies to prepare your plan for termination
About our speakers
Meryl Feigenbaum, ASA, EA, FCA, MAAA, Principal, Wealth practice, Principal, Wealth practice | Meryl has more than 35 years’ experience providing account management, strategic actuarial, and retirement consulting services to some of Buck’s largest plan sponsors. She specializes in the design and implementation of all types of DB and DC plans, de-risking strategies and plan terminations.
Tom Sablak, FSA, EA, FCA, MAAA, Principal, Wealth practice | Tom is a member of Buck’s Financial Risk Management group and serves as the firm’s annuity placement leader. In addition to his annuity placement expertise, he specializes in pension valuation, de-risking, and plan termination. With 29 years' of defined benefit consulting experience, Tom helps plan sponsors understand and mitigate risks inherent in pension plans.
Hilja Viidemann, FSA, EA, MAA, Director, Wealth practice | Hilja leads Buck’s plan termination team and she oversees the efforts of the many practice areas needed for executing successful plan terminations. Her responsibilities include managing actuarial valuations and ongoing administration for defined benefit plans. She also consults with clients on the impact of new accounting rules and helps organizations develop funding strategies that are compliant with U.S. qualified plan funding regulations.