Cavanaugh Macdonald Consulting, LLC (CMC) is staffed by seasoned consultants who are dedicated to serving public sector benefit plans. We are leaders in the public sector consulting community, providing thoughtful and innovative solutions that enable public sector benefit plans to thrive. We provide impartial advice and maintain our independence from political and other outside influences.

CMC was founded to offer state and local governments the experience and dedication they deserve in retaining actuarial consulting services for their employee pension and benefit plans. Our capabilities are well recognized by the public sector pension plan community, as evidenced by our substantial client list.

Our strengths include:

• Consultants with an average of more than 25 years of experience serving public sector benefit plans — the expertise and knowledge of our staff regarding public sector actuarial consulting is as great if not greater than any of our competitors.
• Service as the retained actuary for multiple statewide and municipal retirement and health care plans.
• Strong ability to effectively communicate actuarial matters to Boards, staff and other constituents.
• Centralized production of technical work allowing for greater efficiency and cost-effectiveness in service delivery to our clients nationwide.
• An organizational structure that allows flexibility to meet client needs and to provide a high level of client/staff interaction.

Our primary business is the provision of actuarial and consulting services to state and local government pension and benefit plans. In fact, we work only for state and local government pension and benefit plans. The consulting services we provide our clients encompass the following areas and topics:

• Pension Valuations
• Detailed Gain and Loss Analysis
• Analysis of Proposed Legislation
• Legislative Testimony
• Impact of Re-Employment of Retirees
• Experience Studies
• Asset Liability Forecasting
• DROP, PLOP and Early Retirement Incentive Plans
• Expense and Disclosure Requirements of GASB 25, 27, 43 and 45
• Medicare Part D
• Retiree Health Care Valuations
• Health Care Consulting
• Plan Design Work
• Assistance with Policy Considerations
• Knowledge of National Public Sector Trends
• Benefit Calculations
• Individual Employee Benefit Statements
• Board of Trustee Educational Seminars
• Compliance Reviews
• Tax and Legal Issues
• Communications to Members and Other Constituents
• Organizational Effectiveness
• Deferred Compensation Consulting