OPTIC benefits
Gain insights
Review projections developed by your Milliman consultant, or create your own, to better understand how the pension plan may be impacted.
Fulfill fiduciary responsibility
Suggest or implement effective solutions based on up-to-date information.
Centralized documentation
Plan information is consolidated into one easy-to-access repository, including zone certifications, benefit improvement studies, funding projection reports, actuarial valuation reports, withdrawal liability reports, and more.
Access anytime
Find the information you need, whenever you need it—to prepare for meetings, answer participant questions, or prepare for collective bargaining. Explore your plan’s future through a secure web-based interface on any device.
OPTIC features
Customizable projections
Model different scenarios for investment returns, covered hours, and contribution levels. Use for planning purposes, or to answer questions before and during trustee meetings.
Real-time updates
Obtain updated estimates of your plan’s funded percentage, zone status, and outlook throughout the year to improve management in a volatile environment.
Collaboration with your Milliman actuary
Access centralized documents and information, including scenarios and models provided by your actuarial consultant.
Designed for simplicity
Access the same robust data your actuary uses through an easy-to-use tool and powerful graphics. View, create, modify, and save scenarios, then share them as well-formatted printouts.
Review projections
Key plan assumptions and metrics provide insight for planning ahead.
Compare multiple scenarios at once
Answer complex "what if?" questions about future pension plan obligations with virtually unlimited scenario projection.
Access information
Review materials from past meetings, prepare for future ones, or get ready for collective bargaining.
Products related to OPTIC
FutureCost
Project pension assets and liabilities into the future to answer complex questions and make data-driven decisions.