FSA, EA, MAAA, FCA
Appointed in the Spring of 2015, Sherry Chan is the 5th Chief Actuary in the history of New York City and one of the highest ranked Asian-American officials in the Administration.
In her role as Chief Actuary, Ms. Chan provides technical expertise to the City’s five main retirement systems and pension funds - the Board of Education, teacher, fire, police and public employees - with approximately 750,000 active and retired members and US$200 billion of assets. Ms. Chan certifies the annual required pension contributions for these retirement systems and pension funds, ensuring accuracy, and oversees a professional staff with decades of experience in and out of City service.
The New York City Pension Funds and Retirement Systems are collectively the 4th largest public retirement system in the country. Ms. Chan previously served as the Chief Actuarial Officer for the Ohio Public Employees Retirement System and as Chief Actuary for the State Teachers Retirement System of Ohio, the two largest state pension systems in Ohio with assets of nearly US$100 billion and US$80 billion, respectively.
A Fellow of the Society of Actuaries, an Enrolled Actuary with the Joint Board, a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries, and a conferee of an Executive MBA and Bachelor of Science degree in mathematics and actuarial science from The Ohio State University, Ms. Chan regularly gives presentations at colleges, conferences, and on webinars. Ms. Chan is Incoming Chair of the American Academy of Actuaries’ Public Plans Committee and a member of The Ohio State University Math Department Advisory Board.
Pieces written by Ms. Chan on New York City’s pensions, public pensions in general, and trending issues in the actuarial field, have been published in the New York Times, the Wall Street Journal, Crain’s New York Business, the Chief Leader, and TEXPERS Pension Observer.
Last fall, Ms. Chan was selected as a 2017 City & State 40 under 40 Rising Star of New York City. In June, Ms. Chan received the Geoffrey Heywood Award from the International Association of Consulting Actuaries (IACA) at the International Actuaries Congress in Berlin, Germany. The Geoffrey Heywood Award, named after the founding Chairman of IACA, is given every two years to one young consulting actuary from across the globe who has provided significant services to the public and the actuarial profession.