Below you'll find a list of all posts from August, 2021
Being a consultant implies that you are proficient in your field and are willing and able to guide and assist others in your area of expertise. Many people call themselves consultants, but may lack the knowledge, experience or ability to guide and assist others in an efficient and effective manner. We take the term ‘consultant’ seriously. Being an actuarial consultant …
The determination of the discount rate in your OPEB valuation begins with the following question, “Do you pre-fund your OPEB plan through an irrevocable trust?” If the answer is yes, there is a little more that goes into setting the discount rate. If not, GASB 75 makes it very clear how to go about it. For those who do not …
If I were to offer you $1 today or $1 five years from now, which would you choose? I’m sure you’re thinking about taking $1 today, and that’s the correct choice. Reason being that you could take that $1 today and earn interest by investing it for the next 5 years, leaving you with more than the $1 you could …
