Welcome to FOSTER & FOSTER INC.
Foster & Foster is an independent national actuarial consulting firm that specializes in providing innovative consulting services to the following entities:
1) Public pension plans
2) Public post-retirement medical plans
3) Public and private active health plans
4) Taft-Hartley pension plans
5) Taft-Hartley post-retirement medical plans
6) Taft-Hartley health plans
Foster & Foster was founded in 1979 by Ward and Eileen Foster with a mission to provide actuarial consulting services to public pension funds. Mr. Foster’s impeccable integrity, quick wit, commitment to trustee education, and his insatiable desire to provide personal service for a modest fee propelled the firm to steadily grow and become the market leader for actuarial services in the State of Florida.
In 2005, Mr. Foster began phased retirement and turned over the reins to Brad Heinrichs, who has helped Foster & Foster triple its client base, quintuple the staff, and begin providing actuarial consulting services nationally. In 2008, Foster & Foster made a commitment to the Midwest by opening an office in Lincolnshire, Illinois, a suburb of Chicago. In 2010, this commitment was furthered by Foster & Foster’s acquisition of R.N. Blomquist & Company, a firm that provides Taft-Hartley health and welfare consulting services. Foster & Foster’s dedication and commitment continues to resonate well in this market, as we now provide Taft-Hartley annual reports, Taft-Hartley pension valuations, or public plan pension valuations to over 600 plans in the Midwest.
With clients having as few as 5 or as many as 180,000 members, Foster & Foster is small enough to provide customized solutions and personal service to all clients yet is equipped with the resources capable of servicing the largest plans in the country. By developing innovative plan designs and continuing our commitment to trustee education, our firm has partnered with clients to find ways to make their contribution dollars go further and last longer.
Foster & Foster Welcomes
State of Illinois, Department of Insurance (March 2014)
Dade City Police Officers’ Pension Fund, Plan Administration Services (July 2014)
Dade City Firefighters’ Pension Fund, Plan Administration Services (July 2014)
Fort Walton Beach General Employees’ Retirement Fund (July 2014)
Florida Department of Management Services (July 2014)
Ocoee Municipal General Employees’ Retirement Trust Fund, Plan Administration Services (September 2014)
Connecticut Transit (September 2014)
West Manatee Fire and Rescue District Firefighters’ Retirement Plan, Plan Administration Services (October 2014)
Lakeland Firefighters’ Retirement System, Plan Administration Services (October 2014)
Palm Beach County, Clerk & Comptroller (October 2014)
Greater Orlando Aviation Authority (October 2014)
We will be launching our new Plan Administration Services webpage
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