Todd Tauzer

Vice President and Actuary, Segal

Todd Tauzer

Mr. Tauzer is a Vice President and Actuary in Segal's San Francisco office, specializing in public pension funding, risk management, and plan sustainability. He works primarily on major city and county 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. He expanded S&P Global Ratings’ communication and outreach to key stakeholders of public sector plans, including elected officials, legislative committees and state and local government finance teams, and trained over 100 public finance analysts in understanding key pension mechanics and risks.

Prior to S&P Mr. Tauzer was a senior pension actuary for CalPERS. There he was heavily involved in the Enterprise Risk Management and Asset Liability Management space, working in tangent with the Financial and Investment Offices to model and evaluate risks and develop industry leading practices to achieve long term system sustainability and risk mitigation. He led in the development of a system risk-mitigation policy that earned the 2016 Award for Excellence in Government Finance from the Government Finance Officers Association (GFOA). He also conducted analysis on California legislative pension bills, and was the signing actuary for over 350 annual public pension valuations.

Mr. Tauzer is an active speaker and author on public pension plans. He has been a frequent speaker at credit forums, investor roundtables and public finance industry events, including those sponsored by the Brookings Institute, the California Society of Municipal Analysts, the National Federation of Municipal Analysts, the Society of Municipal Analysts, the National Conference of State Legislators and the GFOA. In addition to serving as S&P’s spokesperson on the credit impacts of current pension trends, risk factors and regional challenges, he wrote numerous national publications and recorded a regular podcast called “Todd Talks,” and has been quoted by the Wall Street Journal, Bloomberg, The Economist, Pensions & Investments, Chief Investment Officer, and the Bond Buyer, among others. He is also a reoccurring speaker at actuarial conferences and webinars.

He is a Fellow of the Society of Actuaries with a specialty in Enterprise Risk Management, a Chartered Enterprise Risk Analyst, a Fellow of the Conference of Consulting Actuaries (CCA), and a member of the American Academy of Actuaries. Mr. Tauzer serves on the CCA’s Public Plan’s Steering Committee, as Chair of the Academy’s Public Plans Committee and as a member of their Pension Committee, and was just elected Vice Chair of the Society of Actuaries’ Retirement Section Council.

He is also active promoting education, transparency, and best practices for pensions within California, serving on both the Board of the California Society of Municipal Analysts and the University of the Pacific’s Advisory Board for their Actuarial Science program. Finally, he is engaged in State leadership, serving on both the California Actuarial Advisory Panel as the Assembly Speaker’s representative and as a member of the California State Auditor’s High Risk Advisory Team for Local Governments.

Mr. Tauzer was a Regents Scholar at the University of California, Davis, where he earned his Bachelor of Science in Mathematics, Bachelor of Arts in Economics, and his minor in Chinese. A portion of his undergraduate work was completed at Beijing Normal University (北师大) in China’s capital.