Realizing early on that there would be a growing need for a low-cost alternative to a full actuarial valuation, the California School Boards Association teamed up with Demsey, Filliger & Associates, LLC to create the first online AMM service.

Demsey, Filliger & Associates, LLC ("DF&A"), a partnership with headquarters in Southern California, was formed in 2002 by long-time colleagues and actuaries Brian R. Demsey and T. Louis Filliger, FSA, and is dedicated to providing designer actuarial and related services to a broad range of clients, with an emphasis on public sector retiree healthcare and pension valuations. They provide tailor-made actuarial services at a competitive price, backed by the experience, focus, and drive to solve the most complex benefits problems.

By teaming up with DF&A, we are able to provide this valuable service at a low cost of $1,500. Telephone support with the actuary is not included in the $1500 AMM service, and will be charged at the rate of $250 per hour or fraction thereof – there are no exceptions.

It’s that easy! Once your data has been submitted, it will be used as input to proprietary software that automatically generates an actuarial valuation and report in compliance with GASB 43 & 45. The report is reviewed by a staff member for completeness and in most cases we contact you to verify key information. Why do we contact you? Because any result is only as good as the data upon which it is based. Therefore, it’s critical that we ensure the completeness and accuracy of the information submitted in order to confidently rely on the results of the tool.

When we feel confident the data is complete, it is sent to DF&A for a final actuarial review. You will receive a pdf version of your report via email and a color copy of your report via mail. You will receive your report within 10-15 business days of submission of all required data.

Data Requirements

In order to use our service, the following data is required (not an inclusive list):

• Eligibility requirements (minimum years of service, earliest age at which eligibility begins, etc.)
• To what age you provide benefits (To age 65 or lifetime)
• Plan provisions (Do you provide spousal, survivor, dental, vision or other benefits?)
• Requirements for part-time employees
• Monthly premiums
• Monthly caps
• Information on your PERS Health plan (if applicable)
• Census data on all plan members (date of birth, date of hire, gender, etc.)

To help you gather all the necessary data required, when we send you a username and password we will also provide you with a worksheet that will make the process of entering data online much faster. And to make it even easier, if you don’t want to spend the time entering data for each individual plan member online, you can email us a spreadsheet with the required data (a full required data list is provided on the worksheet). It doesn’t get any easier than that.