Charles E. Dean, FSA, FCA, MAAA, EA

Charles Dean has 36 years of experience as an actuary and employee benefit consultant.  He has been a principal of A. S. Hansen and Foster Higgins and founded the consulting firm of Dean Actuaries.  His professional experience includes designing, implementing and monitoring retirement and other employee benefit plans.

A graduate of Caltech, Mr. Dean is a Fellow of the Society of Actuaries, the highest designation of the largest professional organization dedicated to serving 20,000 actuarial members and the public in the United States and Canada. He is also a Fellow of the Conference of Consulting Actuaries (CCA), a professional membership organization for actuaries working as consultants in life, health, property, and casualty insurance and in the pension planning and employee benefits fields. He is also an Enrolled Actuary under ERISA. He is a frequent speaker and author on employee benefit issues.

Representative Projects

  • Developed long-term pension funding and expense policies for larger employers using pension plan asset/liability models
  • Conducted audit and review of all statewide retirement systems in Oklahoma
  • Analyzed the cost of proposed plan design changes for public employee retirement systems while legislature was in session
  • Served as the consultant to joint legislative committee on public retirement systems
  • Consulted on the merger of municipal police and fire fighter retirement programs into statewide consolidated system
  • Set reserve limits and premiums for self-insured municipal group life plan
  • Drafted bill for retirement system changes
  • Designed a low cost Social Security alternative plan for part-time , temporary, and seasonal employees of the City of Arlington.
  • Analyzed the impact of FASB Statements 106 and 112 on retiree medical and other postemployment benefits for several large employers.  This work included measurements of cost, funding require¬ments, and balance sheet impact for a 20-year time horizon under multiple economic and plan design scenarios.
  • Designed cash balance feature retirement plans for a manufacturing company, a retailer, and three financial institutions.

Dean Actuaries helps plan sponsors manage their retirement plans at the highest possible level.