Lance J Weiss FCA MAAA EA

Senior Consultant/Team Leader, Gabriel Roeder Smith & Company

Contact Information
Gabriel Roeder Smith & Company
21 East Huron Street, Apt. 806
Apt. 806
Chicago, IL 60611-3928
United States
Fax: N/A
Email: actuary2468@gmail.com
Lance Weiss is a Senior Consultant and the Team Leader in GRS’ Chicago, Illinois office. He has more than 35 years of actuarial and retirement consulting experience. During his career, Lance has worked with large public entities and private corporations, coordinating retirement benefits with other elements of total compensation programs, as well as developing effective benefits and cost containment programs. In addition to working with public-sector clients, Lance has also worked with clients in a wide range of industry sectors, including manufacturing, insurance, finance and healthcare. Lance and his Chicago team provide actuarial and retirement consulting services to states, cities, municipalities, school districts and counties in California, Illinois, Maryland, Michigan, North Dakota, Virginia, West Virginia and Wisconsin. Throughout his career, Lance has demonstrated special expertise in the design, funding, accounting, administration, and communication of defined benefit pension plans, post-retirement welfare benefit programs, and §529 pre-paid tuition programs. Lance served as the President of the Conference of Consulting Actuaries in 2009. He was honored with CCA's Most Valuable Volunteer Award in 2014, and CCA's Lifetime Achievement Award in 2016. Lance has been a speaker at numerous meetings, conferences and forums, including the Public Funds Forum, the National Institute for Public Finance, and at a Federal Congressional Field Hearing. Examples of topics on which he has spoken include examining the retirement security of state and local retirement systems, public plan redesign, and defined benefit versus defined contribution plans. Examples of some of the articles Lance has authored or co-authored include: “Addressing Media Misconceptions about Public Sector Pensions and Bankruptcy” February 2011 Government Finance Review and “Funding Public Pension Plans-Show me the money!” March 2017 In the Public Interest, Society of Actuaries.
CCA Member Since 1988
Government DB/DC Retiree Medical FAS106
Public Plans Community Steering Committee
ABCD Sunshine Task Force
Annual Meeting Program Committee
Board of Directors
Budget and Finance Committee
Bylaws Review Task Force
Compensation Committee
Disciplinary Committee
Nominating Committee
Professionalism Committee
Risk ASOP 2nd Exposure Draft Response Working Group
Strategic Plan Task Force
Strategic Planning Committee
Webinar Committee
Welcome Committee for New Members

Revised ASOP No. 4 Requirements (in Addition to LDROM) 2023 CCA Annual Meeting (October 18, 2023)

Public Plans Workshop 2022 CCA Annual Meeting (October 19, 2022)

Public Plan Funding with Shrinking Government Revenues 2021 Enrolled Actuaries Conference (May 03, 2021)

Public Pension Plan Benefit Administration Challenges and Opportunities 2020 CCA Virtual Annual Meeting (October 19, 2020)

Ethical Dilemmas Ethical Dilemmas Webinar (December 04, 2019)

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

Managing Your Career in a Professionalism Framework – The 2019 CCA Professionalism Seminar Managing Your Career in a Professionalism Framework – The 2019 CCA Professionalism Seminar (April 07, 2019)

Precept 10 of the Code of Conduct Precept 10 of the Code of Conduct Audio/Webcast (December 12, 2018)

Who Owns the GASB Assumptions? Actuaries Versus Accountants 2018 CCA Annual Meeting (October 22, 2018)

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

Opportunities and Challenges for the Aging Society 2016 CCA Annual Meeting (October 25, 2016)

Law and Order: Public Plans Division 2015 CCA Annual Meeting (October 26, 2015)

Views on Public Plans for Non-Public Plan Actuaries 2015 Enrolled Actuaries Meeting (April 14, 2015)

Public Plans Open Forum 2014 CCA Annual Meeting (October 22, 2014)

Finding Common Ground – Economists and Actuaries Look at Public Pension Plans 2014 CCA Annual Meeting (October 20, 2014)

Public Employee Retirement Systems Workshop 2014 Enrolled Actuaries Meeting (March 26, 2014)

Introduction to Public Financing Beyond Pensions Introduction to Public Financing Beyond Pensions (February 26, 2014)

General Session: Ethical Dilemmas 2013 CCA Annual Meeting (October 23, 2013)

Pension Obligation Bonds: Do You Feel Lucky? 2013 CCA Annual Meeting (October 21, 2013)

Public Employee Retirement Systems Workshop 2013 Enrolled Actuaries Meeting (April 10, 2013)

How Much is Enough? Public Plans Funding Policy in a Post-ARC World 2012 CCA Annual Meeting (October 22, 2012)

Code of Conduct for Public Sector Actuaries - "Law & Order: Public Plans Division" 2012 CCA Annual Meeting (October 22, 2012)

Public Employee Retirement Systems Workshop 2012 Enrolled Actuaries Meeting (March 28, 2012)

Fact or Fiction – Are Public Retirement Systems Underreporting Trillions of Dollars of Pension Liabi 2011 CCA Annual Meeting (October 23, 2011)

DB Plans: The Fall and the Rise 2011 Enrolled Actuaries Meeting (March 30, 2011)

Current Issues w/Public Employee Retirement Systems 2011 Enrolled Actuaries Meeting (March 29, 2011)

Sustainability of Public Pension Plans 2010 CCA Annual Meeting (October 27, 2010)

Saving DB Plans: A Call to Action! 2010 CCA Annual Meeting (October 26, 2010)

State of the Union – A Dialogue with the Presidents 2010 CCA Annual Meeting (October 25, 2010)

Closing General Session – Courting Danger and Other Risks of Expert Testimony 2008 CCA Annual Meeting (October 29, 2008)