Karen Drake

As a member of the Defined Benefit Actuarial Services Team, her duties include:

• Preparing census data requests
• Reviewing and reconciling participant data
• Reconciling plan assets
• Setting up the actuarial valuation using Milliman’s Val 2000 system
• Reviewing valuation output and checking sample results
• Drafting actuarial valuation reports
• Drafting IRS Form 5500 and PBGC Form 1
• Preparing participant annual benefit projection statements
• Reviewing certified benefit calculations for participants who are terminating employment or retiring
• Maintaining client historical pension database
• Providing client support for day-to-day administrative activities