Position: Actuarial Science
Term ends: 2019
- Member, American Academy of Actuaries (MAAA)
- Fellow, Society of Actuaries (FSA)
- Enrolled Actuary (EA)
- Fellow, Conference of Consulting Actuaries (FCCA)
- Member, National Association of Forensic Economics (NAFE)
- Past President, Actuaries Club of the Southwest
- Participant, Public Plans Subcommittee of AAA
- Founding Member, Public Plans Subcommittee of CCA
1961 – B.A., Economics, University of Texas, Austin
Mr. May is admitted to practice in the U.S. as an Enrolled Actuary providing services to defined benefit pension plans.
- Chairman, Lecture Committee, University of Texas Lifetime Learning Quest Group
- Former Chairman, Board of Directors, Shepherd of the Hills Christian Church
- Former Member, Investment Committee, University of Texas Ex-Students Endowment Fund
- Advocate, University of Texas
Mr. May joined the Actuarial Department of Southwestern Life Insurance Company in Dallas, Texas in 1961. In 1966 he joined Rudd and Wisdom, Inc. (R&W) in Austin, Texas, became a Principal of the firm in 1968. He continued to work full-time at R&W until 2012. In 2013 he reduced his work to part-time at R&W.
From 1966 to 2012 his R&W clients included state, statewide, and local public defined benefit pension plans in Texas and Louisiana. During this time he also provided litigation support services as a forensic economist determining economic damages in personal injury and wrongful death cases and as an actuary determining reduced life expectancies in personal injury and wrongful death litigation cases. In 2013 he continues providing services as a forensic economist on a part-time basis.
HISTORY WITH TEXAS PENSION REVIEW BOARD
In 1979 Mr. May assisted Texas Representative Bill Blythe in drafting the actuarial provisions of the bill passed by the Texas Legislature which created the TPRB.
In the 1980s Mr. May participated in the drafting of the TPRB’s first “Guidelines for Actuarial Soundness”. In 2010 and 2011 he gave testimony to the TPRB’s Actuarial Committee regarding suggested changes to the guidelines. The revised “Guidelines for Actuarial Soundness” were adopted by the TPRB on September 28, 2011.
As a new member of the Board, in 2013 Mr. May has been appointed Chairman of the TPRB’s Actuarial Committee.
Phone: (512) 463-1736