New Video: The future of secure retirement

The road to a secure retirement can be bumpy, with good and bad investment years. The economic events of the past decade have prompted the Carpenters Retirement Plan of Western Washington to create a new formula for calculating pension benefits. As this video explains, the new "sustainable income benefit" lessens the impact of unpredictable and undesirable economic events. The presenter is Kelly Coffing, an actuary with Milliman, the firm selected to create this new plan. This is a recording of Ms. Coffing's presentation to the PNWRCC delegation on Aug. 20, 2016 in Spokane.