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California Actuarial Advisory Panel Members

 

Paul Angelo (CAAP Chair)
Senior Vice President and Actuary, Segal Consulting

Paul Angelo of San Francisco was appointed to the Panel by the University of California Board of Regents.  Angelo is Senior Vice President and Actuary for Segal Consulting. He joined the company’s San Francisco office in 1998 as a Vice President and Actuary and became Senior Vice President in 2006.  Angelo currently serves as valuation actuary for fourteen major California county and city retirement systems and associations, as well as the University of California Retirement Systems.  In 2007 he served as a staff consulting actuary to the California Public Employee Post-Employment Benefits Commission.

Angelo is a member of the American Academy of Actuaries Pension Committee and has served as chair of its Public Plans Subcommittee. He is also chair of the Public Plans Committee of the Conference of Consulting Actuaries. Angelo is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries and an Enrolled Actuary.

 

John E. Bartel (CAAP Vice Chair)
President, Bartel Associates

John Bartel of Foster City was appointed to the Panel by the Governor’s Office.  Since 2003, he has served as president of Bartel Associates. Previously, Bartel was vice president for Aon Consulting from 1998 to 2004, senior manager for KPMG Peat Marwick from 1990 to 1998, managing consultant for Foster Higgins from 1986 to 1990 and actuary for Actuarial Consultants in 1985.  Bartel also served as a consultant for Towers Perrin from 1977 to 1985 and as an actuarial assistant for Pacific Mutual Life Insurance Company from 1972 to 1977.  He is an Associate of the Society of Actuaries, a member of the American Academy of Actuaries and a Fellow in the Conference of Consulting Actuaries.
 

Ian Altman
Managing Partner, Altman and Cronin Benefit Consultants, LLC

Ian Altman, of Tiburon, was appointed to the Panel by Governor Brown.  Altman has been a managing partner at Altman and Cronin Benefit Consultants, LLC since 1996.  Prior to starting that firm, he held multiple positions at William M. Mercer Inc. from 1980 to 1996.  Altman advises employers and retirement systems on all aspects of pension design and administration.  Altman is a fellow at the Society of Actuaries and a member of the American Society of Pension Professionals and Actuaries and the Western Pension and Benefits Council.  He is a graduate of Yale University, with a joint degree in Mathematics and Economics.

 

David L. Driscoll
Principal and Consulting Actuary, Buck Consultants

David L. Driscoll of Los Angeles was appointed to the Panel by the Senate Rules Committee.  He is a Principal and Consulting Actuary and serves as National Public Sector Consulting Leader at Buck Consultants.  He joined the firm in 1999 after serving as a consulting actuary with John Hancock Financial Services.  Driscoll is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries, and an Enrolled Actuary.  He has served as a member of the Society of Actuaries’ Education and Examination Committee, the Pension and General Committees of the Actuarial Standards Board, and the Conference of Consulting Actuaries’ Annual Meeting Committee.  From 2012 through 2014, Driscoll was an elected member of the Pension Section Council of the Society of Actuaries.
 

David Lamoureux, FSA, MAAA
Deputy System Actuary, California State Teachers’ Retirement System

David Lamoureux of Sacramento was appointed to the panel by the Board of the California State Teachers’ Retirement Board.  Lamoureux currently serves as the Deputy System Actuary for the California State Teachers’ Retirement System (CalSTRS) where he collaborates with numerous constituents, consultants, advocacy and governmental organizations to facilitate critical discussions regarding actuarial and funding matters and other CalSTRS priorities.  He previously served as the Deputy Chief Actuary of the California Public Employees’ Retirement System where he worked between 1999 and 2015.  He also worked as a consulting actuary in the Vancouver office of Towers Watson, a worldwide actuarial and benefits consulting firm between 1995 and 1999.  Lamoureux is a Fellow of the Society of Actuaries (F.S.A.) and a Member of the American Academy of Actuaries (M.A.A.A.).  He earned his Bachelor’s degree in Actuarial Science from Concordia University, Montreal in 1995.

 

Graham Schmidt
Consulting Actuary, Cheiron, Inc.

Graham Schmidt of San Francisco was appointed to the Panel by the State Association of County Retirement Systems. Schmidt is a Consulting Actuary at Cheiron, and led the opening of Cheiron’s Bay Area office in 2013.  He serves as the consulting actuary to numerous County retirement systems, transit districts and public agencies.

Schmidt is a member of the Conference of Consulting Actuaries Public Plans Committee. He has previously served on the Academy of Actuaries Public Plan Subcommittee and Society’s Retirement Plans Experience Committee (RPEC), which develops US mortality tables.  He is an Associate of the Society of Actuaries, a member of the American Academy of Actuaries, a Fellow in the Conference of Consulting Actuaries, and an Enrolled Actuary.
 

Stephen Ohanian, FSA, MAAA, EA
Retired, Former Vice President and Consulting Actuary, Segal Consulting

Stephen Ohanian of San Francisco was appointed to the Panel by the Speaker of the Assembly.  Ohanian is a Vice President and Consulting Actuary in Segal’s San Francisco office with over 30 years of experience in actuarial consulting. He also serves as West Region Retirement Practice Leader for the firm.

Prior to joining Segal, Ohanian was a Senior Consultant with Watson Wyatt, where he was responsible for providing pension and retiree medical actuarial services to clients of varying sizes and developing relationships with marketing prospects.

Ohanian graduated from the University of California with a BA in Mathematics. He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary.

 

Scott Terando, ASA, EA, MAAA, FCCA, CFA
Chief Actuary, CalPERS

Scott Terando of Sacramento was appointed to the panel by the Board of Administration of the California Public Employees Retirement System (CalPERS). Terando serves as Chief Actuary where he oversees the work of the actuarial office. He is a principal advisor on actuarial policies related to pension and health benefit funding, and, as a member of the CalPERS senior management team, participates in enterprise-wide strategic planning and advises the CalPERS Board of Administration. Terando joined CalPERS in 1999 where he served as deputy chief actuary and before that, supervising pension actuary over the technology unit in CalPERS' Actuarial Office. He is an Associate of the Society of Actuaries, an Enrolled Actuary under the Employee Retirement Income Security Act (ERISA), a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries, and he has earned the designation of Chartered Financial Analyst. Terando holds a Bachelor of Science degree in mathematics from the University of Michigan.