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:
Austin Police Retirement System (July 2012)
Palm Beach Gardens Firefighters’ Retirement Fund (October 2012)
West Melbourne Police Officers’ Retirement Fund (October 2012)
Metropolitan Water Reclamation District Retirement Fund (November 2012)
Five Rivers Carpenters District Council Health & Welfare Fund (November 2012)
Fort Lauderdale Police & Fire Retirement System (January 2013)
Deerfield Beach Police Officers’ Retirement Trust Fund (March 2013)
Beaumont Firemen’s Relief & Retirement Fund (March 2013)
IBEW Local No. 117 Health & Welfare Fund (March 2013)
Clark County Firefighters’ Union Local 1908 Security Fund (April 2013)
Firefighters of Boca Raton Retiree Insurance Trust Fund (May 2013)
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