Chicago, IL – October Three, LLC is pleased to announce the hiring of Larry Sher as a partner, consulting actuary, and member of the Senior Leadership Team. In addition, Sher will lead October Three’s dispute resolution practice and will oversee the operations of its newly-opened New York office.
“Larry is an outstanding addition to our team,” said Jeff Stevenson, president of October Three. “He brings us unparalleled expertise in cash balance programs as we reshape the landscape of the private retirement system.”
As a nationally recognized expert on cash balance and hybrid pension plans with over 35 years of actuarial consulting experience, Sher is a highly sought-after consultant and advisor for sponsors across the country. In addition, he provides critical support as an arbitrator and expert witness in cases related to cash balance plans and other retirement programs.
“The private retirement system is under enormous stress, and I’m pleased to be joining a firm where everyone is passionate about making the system better – and converting this passion into action,” commented Sher.
Sher is a Fellow of the Society of Actuaries (FSA), a Fellow of the Conference of Consulting Actuaries (FCA), a member of the American Academy of Actuaries (MAAA), and an Enrolled Actuary (EA) under ERISA. He has been a Board Member and Vice-Chair of the Actuarial Standards Board, the group that establishes actuarial standards of practice for all U.S. actuaries. He has also been on the Board of the American Academy of Actuaries and was recently a Board Member and President of the Conference of Consulting Actuaries.