This session features Callan’s investment consultant Bill Emmett, CFA, and capital markets specialist Ric Ford, FSA, EA, CFA, FCA, joined by special guests Phil Merdinger, FCA, ASA, MAAA, and Idan Shlesinger, FSA, FCIA, partners at October Three Consulting.

Corporate defined benefit (DB) plans have seen an uptick in funded status over the last few years, with many plans now being in a surplus position. As sponsors approach or exceed full funding, understanding how to strategically deploy surplus within the framework of ERISA becomes increasingly important.

The webinar explores key options on potential uses of this newfound surplus—from contribution relief, benefit enhancements, plan re-openings, to risk transfer—while highlighting real-world considerations and trade-offs. Learn how leading plan sponsors are turning their surplus into a powerful tool for risk management, balance sheet efficiency, and long-term plan outcomes.