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Actuarial Strategies Tailored for Sustainability

We’re innovative and independent, seasoned, creative and technically proficient. We believe governmental clients deserve thought leaders who also are dedicated to client service. That’s the CavMac promise: providing you the advice to help your benefit plans thrive. We are the retained actuary and health care consultant for statewide and municipal retirement systems and health care plans. In fact, we work only for state and local government pension and benefit plans.

Actuarial Valuation Services

Pension and Healthcare Consulting

Proposed Legislation
and Modeling

Public Plan
Support

Recent News

New Article: Strategies for Retaining Late-Career Employees

CavMac Chief Actuary, Brent Banister, PhD, FSA, EA, MAAA, FCA, and Consulting Actuary, Aaron Chochon, ASA, EA, MAAA, FCA, recently contributed an article to the Spring 2026 Issue of PERSist,…

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Our Preparation of Actuarial Impact Statements on Proposed Legislation

As leaders in the industry, CavMac continues to keep our clients informed of any new developments or changes in federal legislation and/or tax regulations regarding financing, benefits, vesting, fiduciary responsibility,…

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Support for RDS Attestation & Medicare Part D Creditable Coverage

At CavMac, we understand that managing Prescription Drug Plans (PDPs), Employer Group Waiver Plans (EGWPs), and Retiree Drug Subsidies (RDS) is as complex as their acronyms. That’s why we offer…

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Upcoming Events

May

17

Larry Langer Presenting at MAPERS 2026 Spring Conference

CavMac is proud to share that CavMac Principal and Consulting Actuary, Larry Langer, ASA, EA, FCA, MAAA, will present during the Michigan Association of Public Employee Retirement Systems (MAPERS) 2026…

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May

17

CavMac’s Aaron Chochon & Ryan Gundersen to Attend NCPERS 2026 Annual Conference & Exhibition (ACE)

Connect with CavMac Consulting Actuaries Aaron Chochon, ASA, EA, FCA, MAAA, and Ryan Gundersen, ASA, FCA, MAAA, at NCPERS 2026 Annual Conference & Exhibition (ACE). ACE is hosted by the…

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By The Numbers

Liabilities under management

$B

Pension and OPEB Systems served

Pension and OPEB Participants

M

Client Testimonials

Client Testimonial

"We get such a personalized experience with CavMac. I never feel like I am bothering our actuary by asking a question. They are always very patient in answering whatever questions we have and explaining to each member on the board or staff so that each understands at their own level"

Client Testimonial

“Down to earth and very easy to understand. Always willing to answer questions and work with you until you understand. Knowledgeable and professional.”

Client Testimonial

"The Cav Mac actuaries are able to explain actuarial concepts in a way that is understandable to a non-actuary. The valuations contain a lot of detail with clear description. The actuaries are relatively quick to respond to email and phone calls and are available to help clients.”

Client Testimonial

"CavMac specializes in public fund actuarial work. There are pros and cons to that but we feel we receive all we need, full service from our actuaries. Not sure about anything additional that would be unique. We are very satisfied with our lead actuaries, their expertise, service, timeliness, cost, etc.”

Client Testimonial

"CavMac has always provided an amazing customer service experience. They are very accommodating of our requests and excellent at providing our valuations and all other work product in a timely manner.”

Client Testimonial

"I personally appreciate the level of dedication our CavMac team continues to provide. The growth and commitment of established and new team members doesn’t go unnoticed and is also appreciated."

Client Testimonial

"Outstanding professional effort in the quality of the work and the ability to plainly explain (in both written form and verbally) the actuarial issues to our Board of Trustees."

Client Testimonial

"Very helpful and responsive to the needs and interactions with staff and they are able to turn legislative requests around in a very timely manner."

Client Testimonial

"I cannot think of any instance that did not meet our timelines for actuarial information."

Client Testimonial

"CavMac always goes above and beyond in providing services to KPERS."

Client Testimonial

"We have had a long and successful relationship with CavMac and they have earned the respect of Kansas policy makers (Governors and legislators), KPERS Board of Trustees and staff to provide accurate, concise and helpful actuarial information."

Client Testimonial

"The value of CavMac's efforts has only increased over the years."

Client Testimonial

"If I was limited to only one attribute of their services to KPERS it would be outstanding!"

Client Testimonial

"CavMac is the all-time greatest actuarial consulting firm."
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