California Actuarial Advisory Panel Members

Paul Angelo (CAAP Chair)
Senior Vice President and Actuary, Segal

Paul Angelo of San Francisco was appointed to the Panel by the University of California Board of Regents.  Angelo is Senior Vice President and Actuary for Segal.  He joined the company’s San Francisco office in 1998 as a Vice President and Actuary and became Senior Vice President in 2006.  Angelo currently serves as valuation actuary for sixteen major California county and city retirement systems and associations, as well as the University of California Retirement Systems.  In 2007 he served as a staff consulting actuary to the California Public Employee Post-Employment Benefits Commission.

Angelo is chair of the Public Plans Community of the Conference of Consulting Actuaries and is a member of the Conference’s Board of Directors. He is also a member of the Public Plans Committee of the American Academy of Actuaries and has served as its chair. 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.

John E. Bartel (CAAP Vice Chair)
Retired

John Bartel of Rancho Cucamonga was appointed to the Panel by the Governor’s Office. From 2003 through June 2022, he served as president of Bartel Associates. Previously, Bartel was vice president for Aon Consulting from 1998 to 2004, senior manager for KPMG Peat Marwick from 1990 to 1998, managing consultant for Foster Higgins from 1986 to 1990 and actuary for Actuarial Consultants in 1985.  Bartel also served as a consultant for Towers Perrin from 1977 to 1985 and as an actuarial assistant for Pacific Mutual Life Insurance Company from 1972 to 1977.  He is an Associate of the Society of Actuaries, a member of the American Academy of Actuaries and a Fellow in the Conference of Consulting Actuaries.

David L. Driscoll
Principal and Consulting Actuary, Buck Consultants

David L. Driscoll of Los Angeles was appointed to the Panel by the Senate Rules Committee.  He is a Principal and Consulting Actuary and serves as National Public Sector Consulting Leader at Buck Consultants.  He joined the firm in 1999 after serving as a consulting actuary with John Hancock Financial Services.  Driscoll 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 has served as a member of the Society of Actuaries’ Education and Examination Committee, the Pension and General Committees of the Actuarial Standards Board, and the Conference of Consulting Actuaries’ Annual Meeting Committee.  From 2012 through 2014, Driscoll was an elected member of the Pension Section Council of the Society of Actuaries.

Anne Harper, FSA, EA, MAAA
Principal Consulting Actuary, Cheiron, Inc.

Anne Harper of San Diego was appointed to the Panel by Governor Newsom of California. Harper is a Principal Consulting Actuary at Cheiron and opened Cheiron’s Southern California office in 2007. She serves as the consulting actuary for several California county and city retirement systems and associations.  She previously worked as a consulting actuary for Gabriel, Roeder, Smith and Co, a national actuarial and benefits consulting firm.

Harper is a Fellow of the Society of Actuaries, an Enrolled Actuary under the Employee Retirement Income Security Act (ERISA), and a Member of the American Academy of Actuaries. She graduated from the University of Michigan with High Distinction, and earned a Bachelor’s degree in Economics.

David Lamoureux, FSA, MAAA
Deputy System Actuary, California State Teachers’ Retirement System

David Lamoureux of Sacramento was appointed to the panel by the Board of the California State Teachers’ Retirement Board.  Lamoureux currently serves as the Deputy System Actuary for the California State Teachers’ Retirement System (CalSTRS) where he collaborates with numerous constituents, consultants, advocacy and governmental organizations to facilitate critical discussions regarding actuarial and funding matters and other CalSTRS priorities.  He previously served as the Deputy Chief Actuary of the California Public Employees’ Retirement System where he worked between 1999 and 2015.  He also worked as a consulting actuary in the Vancouver office of Towers Watson, a worldwide actuarial and benefits consulting firm between 1995 and 1999.  Lamoureux is a Fellow of the Society of Actuaries (F.S.A.) and a Member of the American Academy of Actuaries (M.A.A.A.).  He earned his Bachelor’s degree in Actuarial Science from Concordia University, Montreal in 1995.

Graham Schmidt
Consulting Actuary, Cheiron, Inc.

Graham Schmidt of San Francisco was appointed to the Panel by the State Association of County Retirement Systems. Schmidt is a Consulting Actuary at Cheiron, and led the opening of Cheiron’s Bay Area office in 2013.  He serves as the consulting actuary to numerous County retirement systems, transit districts and public agencies.

Schmidt is a member of the Society’s Retirement Plans Experience Committee (RPEC), which develops US mortality tables. He has previously served on the Conference of Consulting Actuaries Public Plans Committee and the Academy of Actuaries Public Plan Subcommittee.

Todd Tauzer, FSA, MAAA, FCA, CERA
National Public Sector Retirement Practice Leader, SVP & Actuary, Segal

Todd Tauzer of Sacramento was appointed to the Panel by the Speaker of the Assembly. Tauzer is the National Public Sector Retirement Practice Leader and Senior Vice President and Actuary for Segal, working with major city and country retirement systems throughout the state of California.  He came to Segal as Director of Municipal Pensions from S&P Global Ratings, where he helped develop a detailed framework to evaluate the sustainability and security of public pension and OPEB plans across the country.  Prior to S&P he was a senior pension actuary at CalPERS, where he worked for almost ten years and was heavily involved in asset liability management and risk mitigation. 

Tauzer serves in various national roles, including being immediate past-Chair of the Society of Actuaries’ Retirement Section Council, the current Chair of the American Academy of Actuaries’ Public Plans Committee, an advisory member to the Committee on Retirement and Benefits Administration for the Government Finance Officers’ Association, and a member of the Conference of Consulting Actuaries’ Public Plan’s Steering Committee.  Locally he serves on both the board of the California Society of Municipal Analysts and the advisory board of the Actuarial Science program at the University of the Pacific.  Tauzer 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 a Chartered Enterprise Risk Analyst.  He is a graduate of the University of California, Davis, with a double major in Mathematics and Economics and a minor in Mandarin.

Scott Terando, ASA, EA, MAAA, FCCA, CFA
Chief Actuary, CalPERS

Scott Terando of Sacramento was appointed to the panel by the Board of Administration of the California Public Employees Retirement System (CalPERS). Terando serves as Chief Actuary where he oversees the work of the actuarial office. He is a principal advisor on actuarial policies related to pension and health benefit funding, and, as a member of the CalPERS senior management team, participates in enterprise-wide strategic planning and advises the CalPERS Board of Administration. Terando joined CalPERS in 1999 where he served as deputy chief actuary and before that, supervising pension actuary over the technology unit in CalPERS' Actuarial Office. He is an Associate of the Society of Actuaries, an Enrolled Actuary under the Employee Retirement Income Security Act (ERISA), a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries, and he has earned the designation of Chartered Financial Analyst. Terando holds a Bachelor of Science degree in mathematics from the University of Michigan.