Segal Company

Public Sector Retirement Team

Cathie G. Eitelberg
SVP, National Public Sector Market Director
ceitelberg@segalco.com

Cathie EitelbergSince joining the Company in 1995, Cathie Eitelberg has been the National Director of the Public Sector Market, where she leads the Company's team of public sector consultants. She is a member of the Company's senior management team.

As an expert in public pension design, finance and administration, Ms. Eitelberg consults with clients to develop and implement strategic solutions to operational, governance, benefit design and funding, and total rewards challenges.

Prior to joining The Segal Company, she was the first director and founder of the Government Finance Officers Association's (GFOA) Pension and Benefits Center and Pension & Benefits Update. During Ms. Eitelberg's 14-year tenure at GFOA, she represented public officials and employee retirement systems before Congress and the administration on municipal debt, tax and employee benefits issues. In addition, she managed research and developed tax and employee benefits policy. She was a staff member of the National Conference of State Legislatures in the early 1980's.

Ms. Eitelberg graduated from the University of Maryland (College Park, Maryland) summa cum laude with a B.S. degree in Business Management and continued to study in the Executive Education program at Harvard's Business School. She is also a frequent speaker appearing at the International Foundation for Employee Benefit Plans, the National Association of Government Defined Contribution Administrators, and GFOA. Ms. Eitelberg serves on the Board of the Arthur N. Caple Foundation and the Board of Standards of the International Foundation for Retirement Education.

Kim Nicholl, FSA, MAAA, FCA, EA
Senior Vice President, National Public Sector Retirement Practice Leader
knicholl@segalco.com

Kim NichollKim Nicholl joined The Segal Company's Chicago office in 2010. She has more than 25 years of experience as an actuary and consultant, most recently as Managing Director of Public Sector Retirement Consulting for PricewaterhouseCoopers. She has also been National Director of Governmental Consulting for Buck and a Consulting Actuary for The Wyatt Company (now Towers Watson).

Ms. Nicholl is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries (and serves on its Public Pensions Subcommittee), a Fellow of the Conference of Consulting Actuaries, and an Enrolled Actuary. She graduated from Loyola University (Chicago) magna cum laude with a B.S. in Mathematics.

Ms. Nicholl is a frequent speaker – she has appeared at conferences sponsored by the National Council on Teacher Retirement, the National Conference of Public Employee Retirement Systems, National Association of State Retirement Administrators, the International Foundation of Employee Benefit Plans, and the Conference of Consulting Actuaries.

Paul Angelo, FSA, MAAA, FCA, EA
Senior Vice President and Actuary
pangelo@segalco.com

Paul AngeloPaul Angelo joined The Segal Company's San Francisco office in 1998 as a Vice President and Actuary and was promoted to a Senior Vice President in 2006. Mr. Angelo's areas of expertise include the design and administration of large defined benefit plans, including extensive experience with large public sector plans, public universities and collectively bargained plans. 

Mr. Angelo currently serves as valuation actuary for fourteen major California county and city retirement systems and associations. His assignments for these systems have included funding policy design and review, pension obligation bond issues and consulting to bargaining parties on benefit design. Following the recent market turmoil, Mr. Angelo completed a variety of studies of contribution volatility management. He is an active participant on the GASB's Postemployment Benefits Accounting and Financial Reporting Project Task Force and also serves as an appointed member of the California Actuarial Advisory panel.

Mr. Angelo has over 30 years of actuarial consulting experience and is active in national actuarial organizations. He has a BS in Mathematics from the University of Notre Dame and an MA in Mathematics from Harvard University. He also holds an MAS from the University of Michigan Graduate School of Business Administration. Mr. Angelo is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries, and an Enrolled Actuary. He is an accomplished speaker and has presented to the National Conference of Public Employee Retirement Systems, National Association of State Retirement Administrators and the National Council on Teachers Retirement, as well as California's statewide public retirement associations.

Leon F. (Rocky) Joyner, Jr., ASA, MAAA, FCA, EA
Vice President and Actuary
rjoyner@segalco.com

Rocky JoynerRocky Joyner joined The Segal Company's Atlanta office in 1978 and currently serves as a senior actuarial consultant to some of Segal's largest governmental clients in the Southeast.

Mr. Joyner is the consulting actuary for many city and county government clients, including general governments, public utilities, police and fire fighter funds and statewide local government coalitions. He is a recognized national expert on actuarial reviews, deferred retirement optional plans, funding studies and sustainability design for public sector retirement plans.

Mr. Joyner has over 30 years of actuarial consulting experience with all types of pension plans. He is a cum laude graduate of Washington and Lee University (Lexington, VA), where he earned a BS in Mathematics and Physics-Engineering. He has also completed graduate work in Actuarial Science at Georgia State University. Mr. Joyner is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries, a Fellow in the Conference of Consulting Actuaries and an Enrolled Actuary. He often speaks at the International Foundation for Employee Benefits and state associations in Texas and Georgia.

Howard Rog, FSA, MAAA, EA
Senior Vice President, Benefits Consultant, Actuary
hrog@segalco.com

Howard RogHoward Rog joined The Segal Company's New York Actuarial Department in 1972 and became a Senior Vice President in 2001. Mr. Rog has over 35 years of experience in pension consulting, working with public sector clients including state employee and teacher retirement plans, universities and public union associations. He is an expert in retirement plan design, administration, funding, and expense accounting.

When the company's Office of the Chief Actuary was formed in 2000, he assumed responsibility for coordinating all professional actuarial activities companywide with a specific focus on public sector retirement systems. He serves on professional actuarial committees for the American Academy of Actuaries.

Mr. Rog graduated from Queens College of the City University of New York. He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and an Enrolled Actuary. He frequently speaks at professional seminars and has been quoted on retirement plan issues in a wide variety of publications.

Brad Ramirez, FSA, MAAA, FCA, EA
Vice President
bramirez@segalco.com

Brad RamirezBrad Ramirez joined The Segal Group in 2005 as a Consulting Actuary in the Denver office. He has over 15 years of experience in consulting. He works with multi-billion dollar state retirement systems, funds established by regional transportation authorities and local government plans.

Mr. Ramirez is a Vice President in the Denver office of The Segal Group. His expertise is in the funding, design and administration of defined benefit pension plans. He often works with public and private institutions to help manage the financial risks of providing stable retirement income to their former employees.

Mr. Ramirez received a BS in Mathematics and an MS with an emphasis in Abstract Algebra from the University of Nevada. He also studied under a Graduate Teaching Fellowship at the University of Oregon, where he taught Advanced Algebra and Statistics. He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries and an Enrolled Actuary. He also serves as a Vice-Chairman of the Society of Actuaries’ Education and Examinations Committee.

Kathleen A. Riley, FSA, MAAA, EA
Senior Vice President and Actuary
kriley@segalco.com

Kathleen RileyKathleen Riley joined The Segal Company's Boston office in 1980 and became a Senior Vice President in 1996. She is currently the Public Sector Market Leader for the Boston office.

Ms. Riley has extensive experience working with public sector retirement plans. She has assisted various Retirement Boards in determining whether or not to adopt early retirement incentives, veteran's buyback provisions and the COLA revisions.

Ms Riley has extensive experience with plans governed under Massachusetts pension legislation. In addition, she has advised on the impact of other state legislative initiatives and is the lead actuary and consultant for many cities and towns in Massachusetts.

Ms. Riley served on the Governor's Special Commission on Pension Reform in 2009. In addition, she has worked with many New England states on design and actuarial review projects.

Ms. Riley received an AB cum laude in Biology from Harvard University in 1980. She is the Vice President for Professionalism and serves on the Board of the American Academy of Actuaries, and is the former Chairperson of the Academy's Committee on Qualifications. She is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary.

Melanie Walker, JD
Vice President
mwalker@segalco.com

Melanie WalkerMs. Walker works in the Denver office of The Segal Company as a Vice President and as part of the National Compliance Practice. She is a licensed attorney in the State of Colorado.

Ms. Walker provides ongoing and special project compliance services for public sector retirement plans, and she serves as a national resource for Segal in this area. Prior to joining The Segal Company, Ms. Walker worked in employment law at a firm in Denver.

Ms. Walker received a BA in Political Science and International Affairs with an area of concentration in the Former Soviet Union at the University of Colorado at Boulder and a JD from the University of Colorado School of Law. She is an active member of the National Association of Public Pension Attorneys (NAPPA) and National Association of Government Defined Contribution Administrators (NAGDCA).

Ms. Walker frequently authors Segal publications for distribution to Segal's public sector retirement plan clients and has written articles for the NAPPA and NAGDCA newsletters. She is also a speaker on public sector retirement and benefits issues, including speaking for the International Foundation of Employee Benefit Plans and for the American Society of Pension Actuaries.