Barry Marks

EA, MAAA

Principal & Consulting Actuary

New York, NY, US

Barry Marks is a principal, consultant, and actuary with the New York office of Milliman. He joined the firm in 1988.

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Experience

Barry’s experience includes consulting on Taft-Hartley pension funds, involving both annual valuation of plan liabilities and costing of prospective plan improvements negotiated under the collective bargaining process. He is also an expert in withdrawal liability calculations and has provided expert testimony during arbitration proceedings.

Barry’s experience includes consulting on corporate-sponsored pension plans with respect to the levels of contributions required in support of prescribed benefits and in the development of modifications in benefit structure, either to realign with evolving employer objectives or as compelled by statutory directive.

Barry’s consulting role has also included experience with qualified and postretirement benefit plans under U.S. GAAP (FASB ASC Subtopics 715-20, 715-30, and 715-60).

Other functions include performing complex studies and projects such as cash balance plan design and implementation, discrimination testing on both defined benefit and defined contribution plans, and nonqualified plan design studies and issues.

Publications and Presentations

Barry has spoken at professional employee benefit meetings on current issues impacting employee benefit programs.

Professional Designations

Member, American Academy of Actuaries
Enrolled Actuary

Education

Academics Degree, Mathematics and Economics, SUNY, Stony Brook

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Publications

Read their latest work

Article

Case study: Is it time to unfreeze your company’s defined benefit plan?

06 November 2023 - by Barry Marks, Zorast Wadia

We examine how prefunding and rising interest rates enabled a nonprofit to reopen its frozen defined benefit pension plan.

Article

PPA 2006: Pension reform for multiemployer plans

28 September 2006 - by Barry Marks

Approximately 60 minutes.

Barry Marks

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Experience

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Read their latest work

Case study: Is it time to unfreeze your company’s defined benefit plan?

Americans concerned about retirement security: Time for a DB comeback?

What a difference a year makes: June 30, 2012, versus June 30, 2011

Case study: Milliman gives federally funded DB plan options for the future

PPA 2006: Pension reform for multiemployer plans

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Barry Marks

Experience

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