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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release January 23, 1996

PRESIDENT CLINTON NAMES MARSHA M. BERA-MORRIS AS A MEMBER OF THE

DEPARTMENT OF DEFENSE RETIREMENT BOARD OF ACTUARIES

President Clinton announced today his intent to appoint Marsha M. Bera-Morris of Washington, D.C., as a Member of the Department of Defense Retirement Board of Actuaries.

Since 1977, Ms. Bera-Morris has been an actuarial associate and consulting actuary for Watson Wyatt Worldwide of Washington, D.C. She consults on all aspects of private and public employer pension plans, including plan design and administration, actuarial valuations for funding and expense purposes, cost estimates, and recommendations with respect to compliance with the Departments of Treasury and Labor requirements. Previously, she was an actuarial assistant with the John Hancock Mutual Life Insurance Company. Ms. Bera-Morris, originally from South Belmar, N.J., attended Asbury Park High School (N.J.) and earned a B.A. in Mathematics from Swarthmore College. She also took graduate level courses in mathematics and mathematics education at the University of Chicago and taught for five years in the Chicago public school system.

The Department of Defense Retirement Board of Actuaries makes all actuarial determinations necessary to sustain the Department of Defense Military Retirement Fund, which includes the accumulation of funds in order to finance liabilities of the Department of Defense under military retirement and survivor benefit programs.

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