Retiree Medical Actuarial & Consulting Services
The Epler Company helps clients to put a price tag on promises to pay health insurance on behalf of their retirees.
We specialize in the following types of assignments:
FAS 106 Expense and Disclosure
- Determine annual accrual expense under private-sector accounting standards (FAS 106)
- Prepare exhibits to be included in client's financial statement footnotes
- Interface with auditors to set actuarial assumptions and answer their questions
- Project future years' expenses and liabilities to assist in budgeting process
- Design and price cost-containment strategies for retiree medical plans
Public Entities - GASB 43 & 45
- Determine accrual accounting expense and liabilities under GASB standards
- Project long-term cash flows for budgeting purposes
- Help public entity to manage its future retiree medical costs through plan design
- Work with public entity to select actuarial assumptions acceptable to all parties
- Present results of valuations to governing body, upon request
- Advise and consult with respect to collective bargaining aspects of retiree medical plans
