Albin J. Budash Jr., 73, founded a company that administers pension plans | Featured Obituaries

0






Dale Anderson



December 1, 1948 – June 22, 2022

Albin James Budash Jr., who founded an actuarial firm that provides administrative services for pension and retirement plans, died June 22 in Hixson, Tennessee, after a period of declining health. He was 73 years old.

Born in Chicago, he attended Shorter College, now Shorter University, in Rome, Georgia, and studied for his master’s degree under economist Milton Freedman at the University of Chicago. While living with his uncle as a graduate student, he met a neighbor, Susan Engue, an artist, and they married in 1975.

After Mr. Budash accepted a job in 1975 with Sun Life of Canada in New Jersey, “that was when he had the first idea that he wanted to be an actuary,” his wife said. .

He studied actuarial science for a year and a half in New York, passed his first set of exams, and became a registered actuary. He worked as an actuary for an insurance company in Providence, RI, then came to Buffalo in 1980 as an associate in an insurance and investment firm.

In 1982 he founded Actuarial Consulting Services Inc. (ACSI), first with offices in downtown Buffalo and later in Amherst. His clients included large local health care agencies and labor unions. He retired in 2016.

Mr. Budash was an avid sport fisherman and board member of the Niagara Musky Association. He has also fished sailfish in Florida, Costa Rica and other places in the Caribbean.

He also studied karate for several years with Everett Francis, made metal sculptures, and was an avid University of Alabama football fan since his undergraduate days.

A former resident of Snyder, he moved to East Tennessee in 2016 after visiting the area while meeting at Shorter University.

In addition to his wife, survivors include a daughter, Laura Bucklin; one sister, Irene Weaver; and two grandsons.

A celebration of life will be held Friday at Hamilton Funeral Home, Hixson, Tenn.

Share.

About Author

Comments are closed.