Peter M. Zouras

Chief Actuary, OACT

Pete Zouras is the Chief Actuary for the DoD Office of the Actuary (OACT). As the Chief Actuary, Mr. Zouras plans, directs, and oversees OACT’s work, including actuarial valuations and cost analyses related to DoD’s Military Retirement System, post-retirement health care benefits, Voluntary Separation Incentive program, Survivor Benefit Plan, and education benefits programs. Mr. Zouras also supports two independent Federal Advisory Committees, appointed by the Secretary of Defense, as Executive Secretary – the DoD Board of Actuaries and the DoD Medicare-Eligible Retiree Health Care Board of Actuaries.

Prior to this assignment, Mr. Zouras served as the Deputy Chief Actuary for 16 years. He was the senior Actuary for the Military Retirement System statutory and financial statement valuations. Mr. Zouras led OACT’s data analytics and mining efforts using many of the large DoD databases. He was also responsible for supervising and cultivating junior staff actuaries. Mr. Zouras began his tenure with OACT in 1998 and has established an extensive network of associates from a variety of DoD offices and other entities and agencies outside of DoD.

Mr. Zouras began his career as an actuary with Mercer Consulting Firm, working on actuarial valuations and cost studies of defined benefit pension plans for various private sector clients. He later transitioned to federal service as a statistician at DFAS-Kansas City, where he designed surveys and performed statistical analyses.

Mr. Zouras graduated from North Park University with a Bachelor of Arts degree in Mathematics. He also holds a Master of Arts degree in Mathematics from Illinois State University. He is an Associate of the Society of Actuaries (SOA) and an Enrolled Actuary under ERISA, serves as alternating President/Vice-President of the International Fisheries Commissions Pension Society, and served on the SOA’s Retirement Plans Experience Committee.