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Mr. Ronald Neufeld <br /> June 28, 2007 <br /> Page 4 <br /> Additional Available Services <br /> As a full service actuarial and benefits consulting organization, we are prepared to provide a <br /> wide range of consulting services. Any such services would be performed only upon request <br /> and would be accompanied by an advance fee estimate, if desired. Some of these services <br /> are: <br /> Consulting Related to Types of Funding Vehicles for Other Post-Employment Bene�t <br /> Plans <br /> We can provide consulting advice to help you sort through the various funding options that <br /> will offer the best means for your governmental agency to fund OPEB obligations. <br /> Cost Estimates for Benefit and Assumption Changes <br /> We can provide cost estimates for benefit and assumption changes. Our analysis will include <br /> both the immediate cost implications and long-term effects. <br /> Ten-year Projection of Accounting Costs and Liabilities <br /> Using the results from the actuarial valuations, we are able to project the active employee and <br /> retiree population for the next 10 years using an "open group" projection and perform an <br /> actuarial valuation for each of the next 10 years to determine the accounting costs and liabilities. <br /> Managing Health Care Costs <br /> We can assist with plan renewals on both active and retiree premiums and contributions. Such <br /> assistance can include evaluating past experience, reviewing insurance carrier renewals or <br /> projecting costs on self-funded plans, reviewing stop-loss quotes, suggesting and pricing benefit <br /> plan changes, evaluating alternative PPOs, developing contribution strategies, etc. <br /> I have attached for your information the biography for Tom Ruehle, a principal in the Chicago <br /> office, who would assist on the OPEB actuarial valuation by overseeing the development of <br /> the expected health care costs and various assumptions such as the medical trend assumption. <br /> Please let me know if you have any questions about the proposal or need any additional <br /> information,please do not hesitate to call. <br /> Sincerely, <br /> �—� <br /> � �•.0 G� ��c<��:r <br /> Therese A. Marske, ASA, EA <br /> Associate Actuary <br /> TAM:tm <br /> M:\Proposal\City of Decaturvprop.doc <br /> MILLIMAN <br />