Offering insights to incite public sector change
At SHMA, we specialize in providing tailored solutions for the unique challenges faced by public sector organizations. Our team of experts understands the intricacies of the public sector landscape, including governmental bodies, agencies, and non-profit entities. We work closely with our clients to optimize their financial strategies, enhance operational efficiency, and maximize resource allocation. Our comprehensive services encompass budget analysis, long-term financial planning, risk management, and compliance assistance. By leveraging our deep industry knowledge and innovative approaches, we empower public sector entities to achieve their fiscal objectives, deliver essential services to their communities, and navigate the complexities of public finance with confidence.
Actuarial Audits
Our Actuarial audits involve a thorough review of your pension and OPEB plans to ensure compliance with accounting standards and regulatory requirements. We identify potential risks and provide recommendations to strengthen the financial health and governance of your plans. Our service ensures accuracy and compliance, providing our clients with valuable insights to strengthen their financial decision-making processes.Assumption Setting and Reviews
Setting appropriate Actuarial assumptions is vital for accurately projecting future benefit obligations. Our team assists in selecting relevant demographic, economic, and financial assumptions, and periodically reviews them to reflect changes in experience or market conditions, enabling our clients to make informed and precise financial projections and mitigate potential risks.Market Benchmarking
We conduct in-depth market benchmarking analysis to help you compare your pension and OPEB plans against industry peers. This allows you to gain insights into best practices, manage risks effectively, and make informed decisions to stay competitive.Cost Allocations
Our experts employ sophisticated techniques to allocate costs between different entities within a larger group, such as municipalities or regional authorities. This helps achieve equitable and transparent cost-sharing arrangements while considering individual financial capacities.Experience Studies
Through experience studies, we analyse historical plan data to assess actual versus expected experience. This evaluation aids in refining assumptions, determining plan performance, and projecting future funding requirements more accurately.Funding Policy Development
We collaborate with your organization to establish robust funding policies for your pension and OPEB plans. Our data-driven approach ensures that funding levels align with your long-term financial objectives, helping you meet your obligations responsibly.Funding Policy Review
We periodically review your funding policies to account for changing economic conditions, demographic factors, and investment performance. This ongoing evaluation ensures that your plans remain adequately funded and adaptable to dynamic circumstances.Holistic Plan Management
Our holistic approach involves integrated management of pension and OPEB plans. We consider the interplay between these plans and your organization's overall financial strategy, aiming for optimal risk management and financial efficiency.Pension and OPEB Plan Design
Our team assists you in designing sustainable and competitive pension and OPEB plans that attract and retain talent while being financially viable for your organization in the long term.OPEB Consulting
We provide specialized consulting services focused on Other Post-Employment Benefits (OPEB). Our experts guide you through the complexities of OPEB valuation, cost containment, and plan design, ensuring compliance and effective management.
In an ever-evolving landscape of public sector services, SHMA stands committed to delivering tailored Actuarial solutions that drive sustainable outcomes. With a meticulous blend of data analysis, risk assessment, and financial modelling, we empower public agencies to make informed decisions that resonate through time. Our team of seasoned Actuaries is dedicated to navigating the complexities of public service challenges, ensuring fiscal responsibility, and fostering resilient futures.
Partner with us today to harness the power of precision in an uncertain world. Together, we can build a foundation of fiscal confidence, enabling impactful decisions that stand the test of time. Discover the strength of Actuarial insight - take the next step toward a more secure tomorrow, today!
Partner with us today to harness the power of precision in an uncertain world. Together, we can build a foundation of fiscal confidence, enabling impactful decisions that stand the test of time. Discover the strength of Actuarial insight - take the next step toward a more secure tomorrow, today!
Learn how we create unmatched solutions
SHMA provides a large scale of services to its clientele aimed at simplifying complexities and supporting the decision-making process. With our help, your organization can enjoy a competitive advantage over your competitors.