Richard Hudson, FSA, EA, FCA, MAAA, Consulting Actuary
First Actuarial Consulting, Inc.
Mr. Hudson is a consulting actuary in the Times Square office of FACT. He has over 30 years of experience with retirement programs, helping clients address design, funding, risk mitigation, compliance, administration, and communication issues. He has extensive experience working with multiemployer and single employer pension plans and has experience with funds of all sizes in a wide variety of industries.
Most recently he has been focused on risk mitigation and developing plan design strategies to address the risks faced by Boards of Trustees and Plan Sponsors. He has developed simulation programs to assess the level of risk in a pension plan and the effect of alternative plan design strategies in reducing the overall level of risk.
Mr. Hudson is a frequent speaker at trustee- and professional-education conferences for actuaries and attorneys and is author on a white paper regarding alternative plan design strategies.
He is a fellow of the Society of Actuaries, a fellow of the Conference of Consulting Actuaries, a member of the American Academy of Actuaries, and an enrolled actuary under ERISA. Mr. Egelberg holds a B.S. in applied mathematics and a B.E. in electrical engineering from the State University of New York at Stony Brook.