HomeMy WebLinkAboutIR 9430
|
William B. Fornia, FSA President
William B. (Flick) Fornia is founder and President of Pension Trustee
Advisors. PTA provides consulting services on public pensions with focus o
pension advice.
Previous Work History
He was Senior Vice President at Aon Consulting, leading their pub
pension actuarial consulting practice from 2006 to 2010. Flick has more than
30 years of consulting and actuarial experience, primarily in the areas of
retiree pension and healthcare benefits. Prior to Aon, he managed the
Denver Retirement Practice of Buck Consultants and has served nationally as
a Senior Consultant for Gabriel, Roeder, Smith & Co., both specializing in
public pensions.
Work Experience
Flick has expertise in all retirement-related areas, including financing, plan design, bond analysis, -
liability studies, retiree healthcare and legislative testimony.
actuary for The Boeing Company and as consultant for numerous multinational corporations in Bra
Argentina during his ten years at Towers Perrin. Previously, he was corporate actuary for Boeing.
He has performed consulting services for 22 statewide retirement systems in Alaska, California, Colorado,
Louisiana, Missouri, New Mexico, North Dakota, Oklahoma, Puerto Ri, Wyoming and
others. Other clients have included the US Department of State, Cities of Baltimore, Oakland and
Philadelphia, IBM, US WEST and Ford Motor Company.
Articles and Speech Presentations
Flick is well known for his ability to teach complex concepts to lay audian author and
frequent speaker at organizations such as the Pension Research C
State Retirement Administrators (NASRA), the National Council on Teacher Retirement (NCTR), the
National Association of Public Pension Attorneys (NAPPA), the National Conference on Public Employee
Retirement Systems (NCPERS), the Conference of Consulting Actuaries, the Western Pension and
Benefits Conference, the International Foundation of Employee Be
Government Finance Officers Association (GFOA), and the Brazilia
(ABRAPP).
Articles and speeches have addressed all aspects of retirement programs including retiree healthcare
plans, and the challenges of public sector defined contribution -A Better Bang for
the Buck with the National Institute of Retirement
Security in 2008.
Professional Organizations and Education
He is a Fellow of the Society of Actuaries, Enrolled Actuary, Me
Actuaries, and Fellow of the Conference of Consulting Actuaries.the steering
committee of the Conference of Consulting Actuaries Public Pensi
faculty of the Society of Actuaries Fellowship Admissions Course Flick earned a Bachelor of Arts in
Mathematics at Whitman College.
Pension Trustee Advisors, Inc. 7600 E Arapahoe Road, Suite 125 Centennial, CO 80112 303.263.2765
Website: pensiontrusteeadvisors.com Email: flick@pensiontrusteeadvisors.com
R.PS,A.S.A.(R.)
AUL CHRADERET
Consulting Actuary
Paul Schrader has 45 years of experience with retirement and oth
major employers in both the private and public sectors. Paul spe
Hansen, Inc. in Denver as a consulting actuary with responsibility for th
Rocky Mountain region. He served as a Vice President, member of
Executive Committee of Hansen, and later as a Managing Director m M. Mercer, Inc. after
their acquisition of Hansen. Paul retired from Buck Consultants
responsibility for Bucks activities in this region.
Since retirement from Buck Consultants, Paul has consulted with ement systems
in areas of strategic planning.
E
XPERIENCE
Assisted in the consolidation of several independent statewide p
systems into one unified system with common benefits and practic
Served as consulting actuary and principal consultant to a statewide public employee retirement
system for over 35 years, and continues to serve as a strategic
Designed a consolidated, total benefit plan for a multi-bank holding company after merger.
Consultedwith a Fortune 500 employer on adoption of investment policy and
assumptions and methods to match corporate objectives of minimiz
plan due to substantial over-funded status.
Conducted numerous asset/liability forecast studies to test long-term and most likely effects of
alternative investment policies, actuarial assumptions and metho
Developed a strategic plan including benefit and funding policie
covering over 50,000 members.
Led numerous retirement plan reviews for public sector retiremen
conversion of a defined benefit plan to a defined contribution o
E&A
DUCATION CHIEVEMENTS
Graduated from the University of Texas witha degree in Actuarial Science
Associate of the Society of Actuaries, Member of the American Ac
Member of the Western Pension & Benefits Conference and an Enrol
A frequent speaker at professional and industry organizations, aauthor of several benefits
articles, and has provided expert testimony in the development o
ADMIN/PRO/BIOS/bio-Schrader