Gene Kalwarski

FSA, EA, MAAA, FCA, CEO & Principal Consulting Actuary

Gene Kalwarski is the CEO and co-founder of Cheiron Inc., an independent pension and health actuarial consulting firm.

He is one of the nation’s most distinguished pension actuaries. For nearly 50 years he has advised some of the nation’s largest multiemployer and public pension funds.

Under his leadership, Cheiron has become synonymous with sophisticated technological tools and creative solutions for financially troubled pension funds. 

He popularized the use of interactive projection modeling and was one of the first actuaries to encourage plans to conduct stress testing to manage risk. He also designed Cheiron’s proprietary interactive pension projection tool, P-Scan.

He is highly respected on Capitol Hill and at the federal pension regulatory agencies including the Pension Benefit Guaranty Corporation and is often invited to testify about pension funds.

Starting in 2017, Senate Democrats invited Cheiron to model the financial impact of legislative proposals, including the Butch Lewis Act introduced by Sen. Sherrod Brown, D-Ohio, on failing multiemployer plans.

Sen. Chuck Schumer, D-N.Y., and House Ways and Means Committee Chairman Rep. Richard Neal, D-Mass., also invited him to discuss legislative proposals to rescue failing multiemployer pension plans. And he led sessions to educate Senate and House congressional staff on the legislative proposals.

He also testified on the multiemployer pension crisis before the PBGC Advisory Committee.

He is often quoted in the press and has written commentaries about pension plans including in Pensions & Investments, The Hill, and Forbes.

Before founding Cheiron in September 2002, he worked for more than two decades at Milliman Inc., where he established the firm’s Washington office and served on its board of directors.

He began his actuarial career at the PBGC where he worked for nearly five years. As the chief actuary to the PBGC’s Policy Department, he was part of the team that drafted the Multiemployer Pension Plan Amendments Act of 1980 which strengthened the funding requirements for multiemployer pension plans and established withdrawal liability.

He is a Fellow of the Society of Actuaries, the highest professional accreditation, an Enrolled Actuary under ERISA, a member of the American Academy of Actuaries, and a Fellow of the Conference of Consulting Actuaries.

 

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