NEW YORK: May 19, 2006 - Buck Consultants, an ACS company and one of the world´s leading human resource and benefits consulting firms, announced today that it has been selected by the Milwaukee County Retirement System to provide actuarial and retirement consulting services. The Milwaukee County Retirement System covers more than 6,500 active employees and 7,000 retirees.
Under the terms of the five-year contract, Buck Consultants will provide annual actuarial valuations, determine recommended contribution amounts and funded status, and perform a five-year review of plan experience.
"We selected Buck Consultants because of its public sector experience and excellent references," said Jack Hohrein, Milwaukee County Employees´ Retirement System Manager.
"We are very pleased that Milwaukee County has named Buck as its retirement plan consultant," said Christopher Michalak, Buck´s Executive Managing Director. "We look forward to working with the County on its retirement needs and challenges."
Buck Consultants, an ACS company, is a leader in human resource and benefits consulting with more than 1,500 professionals worldwide. Founded in 1916 to advise clients in establishing and funding some of the nation´s first public and private retirement programs, Buck is an innovator in the areas of retirement benefits, health and welfare programs, human resource management, compensation and employee communication. News and other information about Buck Consultants is available at www.buckconsultants.com. Buck is an independent subsidiary of Affiliated Computer Services, Inc.
ACS, a global FORTUNE 500 company with more than 55,000 people supporting client operations in nearly 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company´s Class A common stock trades on the New York Stock Exchange under the symbol "ACS." ACS makes technology work. Visit ACS on the Internet at www.acs-inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company´s control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company´s prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
Media Contact
Ed Gadowski
Media Relations
Buck Consultants
201-902-2825
Edward.gadowski[at]buckconsultants.com