Retirement & Benefits Solutions
Multiemployer plans
Stronger together
Multiemployer plans face shifting demographics, increasing regulatory demands, and steadily rising costs. Milliman can help you reduce operating costs and volatility and effectively manage benefit costs and risks. Get tailored advice focused on your history, strategy, and specific needs—based on our experience working with hundreds of plans.
Milliman multiemployer plan solutions
Defined benefit consulting
Meet funding objectives in the face of constant change with a dedicated team of actuaries, compliance experts, and plan design specialists. Supported by state-of-the-art technology and techniques, we deliver accurate forecasts, assist with improving funded status, assess plan risk, and ensure effective reporting to regulators and members.
Defined contribution services
Add unparalleled expertise to boost the success of your defined contribution plan. Our services include plan design, recordkeeping, compliance, and communication. Starting from your vision, we address the full spectrum of issues including contribution and participation rates, fee allocations, member vesting, and valuations. Since 2012, our services have been recognized by PLANSPONSOR surveys as among the most trusted in the marketplace.
Health and welfare benefits
Cut through complexity to ensure your health and welfare fund provides the most efficient and effective benefits possible. We draw on expertise across health, pharmacy, stop-loss, and care providers to deliver excellence. Our services include financial projections, valuations, experience reports, Medicare retiree programs, competitive bidding, strategic planning, and many more.
Alternate plan designs
Innovation can help multiemployer plans strengthen long-term viability while providing lifelong benefits. For trustees looking to make a change, we identify features most important to the plan and its members and suggest approaches based on our data-based knowledge of plan design options. We also offer the Milliman Sustainable Income Plan™, combining the features of defined benefit and defined contribution plans.
Review the latest study on the funding levels of multiemployer pension plans.
Milliman multiemployer plan insight
Milliman multiemployer plan services
Defined benefit consulting
Meet funding objectives in the face of constant change with a dedicated team of actuaries, compliance experts, and plan design specialists.
Defined contribution services
Add unparalleled expertise to boost the success of your defined contribution plan. Our services include plan design, recordkeeping, compliance, and communication.
Health and welfare benefits
Cut through complexity to ensure your health and welfare fund provides the most efficient and effective benefits possible. We draw on expertise across health, pharmacy, stop-loss, and care providers to deliver excellence.
Alternate plan designs
Innovation can help multiemployer plans strengthen long-term viability while providing lifelong benefits. For trustees looking to make a change, we identify features most important to the plan and its members and suggest approaches based on our data-based knowledge of plan design options.
Milliman multiemployer plans resources
Milliman multiemployer plan products
Milliman Benefits Benchmarking
Compare employee benefits to similar employers so you can optimize your offerings and better retain top talent.
Milliman OPTIC
Projections at your fingertips for your multiemployer pension plan.