Brian B. Murphy FCA MAAA FSA EA CPC

Murphy Actuarial Consulting LLC

Contact Information
Murphy Actuarial Consulting LLC
10034 Ludlow
Huntington Woods, MI 48070
Email: BrianBmurphy@sbcglobal.net
Brian Murphy is an actuary with 40+ years of public sector actuarial and consulting experience.Brian’s consulting experience with statewide pension plans includes systems in Arizona, Arkansas, Colorado, Illinois, Iowa, Maryland, Mississippi, Missouri, Ohio, Tennessee, and Wisconsin. His local government experience covers plans in Florida, Michigan, and Virginia. Brian is a nationally recognized actuary in the public sector pension industry. His extensive experience in public employee benefits covers plans from the smallest to the largest, all major employee groups (general employees, teachers, public safety employees, and judges), and plan structures (single employer plans, agent multiple employer plans, and cost sharing multiple employer plans). In addition to annual valuation services, his defined benefit and hybrid expertise includes funding policy development, legislative testimony, experience studies, actuarial audits, advising plans with statutory contribution limits, plan redesign, projection work, and retiree health care funding solutions. Brian has been a key visionary and primary contributor to the development of actuarial software, which includes in-house valuation system and client specific applications for projection work, option factor calculations, and purchased service credit.


Professional Designations

  1. Fellow, Conference of Consulting Actuaries
  2. Fellow, Society of Actuaries
  3. Enrolled Actuary
  4. Member, American Academy of Actuaries

    1. Presentations and Publications

      Brian has been a frequent speaker at various national meetings of public sector and other employee benefit associations. He has authored and co-authored many articles related to public pension issues during his career. The Government Finance Officers Association (GFOA), and the IFEBP have published his articles. In addition, he conducts education and information-sharing sessions for trustees and administrative staff on public pension actuarial and plan design issues.


      Education: Ph.D., Mathematics, Wayne State University, Detroit, Michigan

CCA Member Since 2006
Government DB/DC
Public Plans Community Steering Committee
Continuing Education Committee
Exam Prep Task Force
Risk ASOP 2nd Exposure Draft Response Working Group

Funding Policy and Consulting Issues in a Fixed Rate Environment 2024 Enrolled Actuaries Conference (March 12, 2024)

How Inflation Impacts Plan Design and Funding How Inflation Impacts Plan Design and Funding Webinar (March 08, 2023)

Public Plan Design Grab Bag (Incl. Variable Benefits and DROPs) 2022 Enrolled Actuaries Conference (May 06, 2022)

415 for Public Plans 2022 Enrolled Actuaries Conference (May 02, 2022)

Public Plans Open Forum 2021 CCA Annual Meeting (October 27, 2021)

Funding Policy and Consulting Issues in a Fixed Rate Environment 2021 Enrolled Actuaries Conference (May 07, 2021)

Public Sector Plans and the New Normal Public Sector Plans and the New Normal Webinar (February 10, 2021)

Developing Discount Rates in Public Sector Pension Valuation Developing Discount Rates in Public Sector Pension Valuation Webinar (March 11, 2020)

ASOP 51 in Practice for Public Sector Plans 2019 CCA Annual Meeting (October 28, 2019)

Public Plan Benefits Administration Issues 2019 Enrolled Actuaries Meeting (April 09, 2019)

Public Plans Open Forum 2018 CCA Annual Meeting (October 24, 2018)

Funding Policies – Standard Recommendations and Special Cases Funding Policies – Standard Recommendations and Special Cases Audio/Webcast (December 06, 2017)

Role/Responsibility of the Public Sector Actuary—Can You Hear Me Now? 2017 CCA Annual Meeting (October 23, 2017)

Qualification Standards for Public Sector Plans 2017 Enrolled Actuaries Meeting (April 03, 2017)

Actuarial Funding Policies and Practices for Public Pension Plans: What’s Behind the White Paper? Actuarial Funding Policies and Practices for Public Pension Plans: What’s Behind the White Paper? (April 13, 2016)

IRC Section 415 for Public Plans 2016 Enrolled Actuaries Meeting (April 12, 2016)

Qualification Standards for Public Sector Plans 2014 Enrolled Actuaries Meeting (March 25, 2014)

Qualification Standards for Public Sector Plans 2013 Enrolled Actuaries Meeting (April 08, 2013)

Public Plans Open Forum 2012 CCA Annual Meeting (October 24, 2012)

415 for Public Plans in the Current Economy 2012 Enrolled Actuaries Meeting (March 27, 2012)