How long has your firm been in business?
How long has your firm serviced local government pension plans?
Do you have Approved Actuaries (as defined by Act 205 of 1984) on staff?
How many municipal pension plans in Pennsylvania do you provide actuarial and/or consulting services for?
How are your client service teams organized?
A team of three individuals, a consultant, an actuary and an actuarial analyst is assigned to all defined benefit plans. Our consultants have over 20 years of experience with public employee pension plans.
What types of plans do you service?
We provide services for police, non-uniformed/general employees, and firefighters plans covering union, non-union or combined employee groups.
What types of municipal entities do you work for?
We work for boroughs, townships, cities, school districts, municipal authorities, counties, councils of government, and regional police departments.
Do you provide investment management services?
No. In order to provide our clients non-biased advice and to ensure no possible conflict of interest, Mockenhaupt Benefits Group does not offer or endorse investment management services or investment products.
Does Mockenhaupt Benefits Group provide consulting and actuarial services for retiree medical plans?
Yes. We prepare actuarial cost studies for retiree medical plans (or proposed plans) to determine the actuarial liabilities and/or recommended funding level, if it is a pre-funded plan.
Are representatives of Mockenhaupt Benefits Group available to meet with us at our municipality?
Yes. Our consultants meet with the municipality to review the results of each actuarial valuation report. They are also available to meet upon request to discuss other issues. They meet with the municipal officials, the governing body, employees, pension committees/boards, and any other group requested by the plan sponsor.
How many employees do you have?
How do you keep your clients informed of important legislative changes?
We publish a periodic newsletter, Public Employee Benefit Review, to keep our clients informed of not only legislative issues, but precedent-setting court decisions, and other timely employee benefits topics relative to Pennsylvania local governments. We have an e-mail distribution list for guide updates and we also send information directly to our clients to explain how legislation will specifically affect their pension plans or municipality.