Ron Gebhardtsbauer

Clinical Associate Professor of Actuarial Science
Department: Risk Management
Office: 331 Business Building
Phone: 814-865-4153
Fax: 814-865-6284
Member of Faculty Since: 2007


Ron Gebhardtsbauer heads up the Actuarial Science program at Smeal.  He was awarded the Fred Brand, Jr. Teacher of the Year Award in 2012.

Prior to joining Smeal, Ron served as: the Senior Benefits Advisor to the Chairman of the US Senate's Committee on Finance; the Senior Pension Fellow and Spokesperson for the actuarial profession in the US at the American Academy of Actuaries in Washington DC (where he appeared frequently on TV, radio, newsprint; testified before Congress, and moderated the White House Conference on Social Security); and head of the Retirement Practice at the NYC office of William Mercer, Inc.  His public sector experience includes Chief Actuary of the PBGC (the federal Pension Benefit Guaranty Corporation), and lead pension actuary at the Office of Personnel Management. 

Internationally, Ron has advised the governments of Canada, Bulgaria, Romania, Poland, Vietnam, and the United Kingdom.  He was the Academy's lead delegate to the International Association of Actuaries (IAA) and a member of the US delegation to the OECD Working Party on Private Pensions.   

He serves on the Boards of the United Methodist Church's pension system, the US Military Retirement System Fund, and the GI Bill Fund; advises the Secretary of Labor on her ERISA Advisory Council (on Employee Benefits issues), and the Comptroller General on his Retirement Security Advisory Panel.  He served on the boards of the Society of Actuaries, the American Academy of Actuaries, and the Conference of Consulting Actuaries.  He is a member of the National Academy of Social Insurance.  Among Ron's publications is the study note on PBGC issues used in the Society of Actuaries' exam syllabus and a paper on Social Security for Financial Advisors which was awarded the Kenneth Black, Jr. Award for the top paper in the Journal of Financial Service Professionals in 2002.  He was named one of the "Top 100 Most Influential People in Finance" by the June 2004 Treasury and Risk Management magazine.


Actuarial Science, Pensions, Retirement, Social Security, Tax


MS, Actuarial Science, Northeastern University,  1976 

BS, Mathematics, Pennsylvania State University,  1974 


R M 410, Financial Mathematics

R M 411, Life Contingencies I

R M 412, Life Contingencies II

R M 415,  Modeling for Actuarial Science (with Brownian Motion and Stochastic Calculus)