:format(webp))
Actuarial Services for Defined Benefit Pension Plans
Get clearer insight into pension funding, risk, compliance, and plan design with strategic guidance for active and frozen pension plans, including de-risking and plan termination.
A Clearer Path for Your Next Pension Decision
As a leading actuarial consulting firm, we help plan sponsors understand the financial and strategic implications of their pension plans, and make better decisions about what comes next. Your pension plan is more than a set of actuarial calculations. It's a financial commitment that can affect your organization for years to come.
From annual valuations and regulatory support to funding strategy, risk management, plan design, frozen pension plans, and termination analysis, our experienced actuaries provide the insight and guidance you need to navigate complexity, evaluate your options, and make confident decisions.
:format(webp))
You May Need Our Actuarial Support If…
Your pension costs are becoming unpredictable
We Offer: Strategic Funding & Forecasting
Annual actuarial valuations
Schedule SB preparation & regulatory support
Pension funding strategy & contribution forecasting
Pension liability and accounting expense projections
Economic scenario modeling for future pension costs
Leadership doesn't understand your pension risk
We Offer: Risk Assessment & Scenario Modeling
Pension risk assessment & liability analysis
Funded status and contribution risk analysis
Interest rate, investment & longevity scenario modeling
Pension volatility and risk reduction analysis
Executive-level reporting and decision support
You're considering freezing or terminating your plan
We Offer: De-risking & Termination Strategy
Frozen pension plan analysis & ongoing management
Pension freeze feasibility and financial impact analysis
De-risking strategy and pension risk transfer analysis
Plan termination feasibility and cost analysis
Termination, settlement & regulatory support
Your current actuary only provides required reports
We Offer: Strategic Actuarial Consulting
Funding strategy and contribution recommendations
Pension forecasting and scenario modeling
Plan design and amendment consulting
Proactive guidance beyond required actuarial reporting
You're changing your plan design
We Offer: Design & Compliance Analysis
Defined benefit plan design consulting
Benefit formula and participant impact analysis
Cost and liability impact modeling
Plan freeze and benefit change analysis
Funding, compliance & regulatory considerations
You're preparing for an acquisition
We Offer: M&A Actuarial Support
Pension actuarial due diligence
Pension liability and obligation analysis
Funding and contribution obligation assessment
Transaction impact and risk modeling
Plan merger, freeze or termination analysis
Don't see your situation?
Stories from our Clients
How October Three Helped a Non-Profit Healthcare Provider Save $1M with a Frozen Pension Plan Optimization
How a Credit Union Improved the Stability, Predictability, and Value of its Plan by Partnering with October Three
How October Three Accelerated Plan Termination and Yielded Major Savings for a Manufacturing Client
Our Pension Actuaries Can Help You Answer Questions Like These
Pension risk goes well beyond investment performance. We help sponsors understand and manage the risks that can materially affect the cost and security of their retirement programs—including interest-rate risk, investment risk, longevity risk, contribution volatility, and regulatory risk. The right strategy depends on your plan, your organization, and your goals. Our role is to help you understand where your exposure is today, what could change tomorrow, and which actions can improve your position.
What we provide: Actuaries who explain complex results in business terms.
What you get: Leadership will understand the financial impact, evaluate the tradeoffs, and make decisions with confidence.
What we provide: Funding, reporting, compliance, and risk analysis.
What you get: Peace of mind that funding, compliance and plan risks are being monitored, measured and managed.
What we provide: Forward-looking modeling and scenario analysis.
What you get: A clearer view of the choices available before a decision becomes urgent.
Have a Frozen Pension Plan?
A frozen pension plan doesn't stop creating costs and risks. PBGC premiums, administrative expenses, funding requirements, and investment risk can continue long after benefit accruals have stopped.
October Three can help you:
Evaluate ongoing plan costs
Assess pension risk
Identify de-risking opportunities
Evaluate plan termination economics
Evaluate options to retain plan surplus
Develop a path toward termination
Why Use October Three for Actuarial Services
Many actuarial relationships are built around a cycle of reporting: calculate the liability, complete the valuation, prepare the filing, and move on to the next deadline. We believe you deserve more than that. Your pension plan represents real financial commitments, real decisions, and real people—and the numbers should help you navigate them with confidence. The right actuarial partner doesn't just tell you what changed. They help you understand why it changed, what may come next, and what options you have, so you can make informed decisions before they become urgent.
:format(webp))
The People Behind Your Actuarial Strategy
:format(webp))
John Kleiser
"I’m committed to helping professional service firms design retirement plans that fit their unique needs, minimize unnecessary risk, and support long-term wealth accumulation."
Partner - Professional Service Firms:format(webp))
Abby Beyer
"I am passionate about delivering high-quality service, fostering collaborative relationships, and supporting the development of our talented team."
Actuarial Consultant:format(webp))
Alex Kuhel
"I’m driven by the opportunity to help business owners modernize their retirement programs by giving closely held companies access to innovative ideas, technology, and service that have traditionally been available only to larger organizations."
Partner - Small Business:format(webp))
Brian Donohue
"I’m motivated by helping employers design efficient, effective retirement benefits that work for both their businesses and their employees."
Actuarial ConsultantWant to Meet the Rest of Our Actuaries?
Talk Through Your Options
Complete this form, and we’ll connect you with an experienced pension actuary.
Related Pension Services
Uncover hidden risks, legacy errors, and overlooked opportunities. Our forensic review identifies compliance gaps, funding issues, and data challenges that may be costing more than you realize.
We evaluate investment strategy, funding policy, accounting, and risk exposure to uncover savings opportunities and improve financial performance.
Technology-enabled administration, outstanding participant support, and robust governance services built specifically for Defined Benefit plans.
Reduce balance sheet volatility, improve funded status visibility, and align plan risk with broader financial goals.
With approximately $150 billion in PRT transactions over the last three years, many finance teams are actively de-risking. We help structure and execute retiree lift-outs and full plan terminations with fiduciary discipline and insurer-aligned pricing.
When it’s time to exit your DB plan, we manage the full process: participant communications, regulatory filings, annuity placement, and settlement — minimizing disruption and maximizing compliance.