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Actuarial

  • Pension Credit for Prior Police Department Service – Senate Bill No. 464 

    Senate Bill No. 464 was signed into law by the Governor on July 8, 2024. This bill allows for a city (except first-class cities), borough, town, township or regional police department to amend its plan to allow full-time officers who have satisfied the vesting requirements the option to purchase up to five years of pension…

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  • Conrad Siegel & The Actuarial Foundation Launch Free Local Math Tutoring Initiative

    February 2022 – Conrad Siegel announced this month that it is partnering with The Actuarial Foundation in a joint initiative to bring the national Math Motivators Tutoring Program to Harrisburg- based schools. This new program will focus on providing math education and financial literacy programs to youth in the Central PA region. The two organizations…

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  • Joshua Mayhue Appointed Partner at Conrad Siegel

    Harrisburg, PA – August 2021 – Conrad Siegel, delivering comprehensive employee benefits and investment advisory services, recently announced that Joshua Mayhue, FSA, EA, MAAA has been appointed a partner at the firm. Mayhue, a consulting actuary, specializes in Other Postemployment Benefits (OPEB) and defined benefit plan consulting. He has worked at Conrad Siegel since 2005…

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  • Long-Awaited Changes to IRS Mortality Tables

    Update on Mortality Tables The IRS has released final regulations on the applicable mortality tables used by pension plans for 2018. The proposed tables are based on the Society of Actuaries mortality tables released in 2014 and the MP-2016 improvement scale. Many plan sponsors are already using versions of these tables for accounting calculations. How…

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