ACADEMY IN THE NEWS

The following items contain links to news stories in which the Academy or Academy volunteers appear. Note: The Academy is not responsible for the content of these websites. Some sites may require registration or a subscription. Links may expire.


January 14, 2008
USA Today

The Academy was cited for its analysis concluding that boomers who live the longest stand to lose the most by collecting early Social Security benefits. The Academy also collaborated with the newspaper to create a calculator to help readers determine how much could be gained or lost--depending on how long a retiree lives. The Academy's Senior Pension Fellow Ron Gebhardtsbauer also was cited as the source of a complementary graphic that contained the probabilities of 62-year-old males, females, and couples living to various ages.

January 01, 2008
Best's Review

Academy Committee on Property and Liability Financial Reporting  (COPLFR) Chairperson Marc Oberholtzer wrote an article based on the committee's overview of the loss reserving process. The overview includes a sample checklist of actuarial information that might be helpful to P/C insurers' audit committees and boards of directors.

December 02, 2007
New Hampshire Union Leader

Academy Senior Health Fellow Cori Uccello urged the presidential candidates to start paying attention to Medicare's financial difficulties. "Candidates need to break the silence, acknowledge the problem, and begin a public dialogue that addresses the tradeoffs necessary to ensure Medicare's future," Uccello wrote. Her commentary was published during the height of primary season, which brings national attention to New Hampshire, who holds the nation's first primary.

November 29, 2007
BusinessWeek

Academy Senior Pension Fellow Ron Gebhardtsbauer was quoted. He said that a traditional pension plan generally suits older employees better than a 401(k), because of how benefits are calculated.

November 11, 2007
San Antonio Express-News

The Academy was mentioned in a jobs section feature that explored the actuarial profession. 

October 27, 2007
Washington Post

The Academy's Senior Pension Fellow Ron Gebhardtsbauer discussed inflation risk and offered a few suggestions on how to manage this risk.

October 24, 2007
Reuters

Academy Senior Pension Fellow Ron Gebhardtsbauer discussed retirement planning and the value of an actuarial approach to making retirement decisions.

October 21, 2007
Baltimore Sun

Academy Senior Pension Fellow Ron Gebhardtsbauer discussed what to consider when deciding the age to begin collecting Social Security benefits. He said if you are going to live past 80, it's better to wait. 

September 28, 2007
Insurance Journal

An Academy Flood Insurance Subcommittee letter to congressional leaders was discussed. The letter identified concerns with a proposal to expand the National Flood Insurance Program.

September 01, 2007
Chicago Tribune

The Academy's Social Security Game was cited. 

August 31, 2007
USA Today

The Academy was cited as a source of life expectancy data in a feature about the growth in phased retirements, which is increasing the ranks of seniors who remain in the work force.

July 18, 2007
Associated Press / ABC Money

The Academy's issue brief, Women and Social Security, was discussed. The brief reports that females are more reliant on Social Security, yet on average, receive lower benefits than males.

July 17, 2007
Chattanooga Times Free Press

Academy Senior Pension Fellow Ron Gebhardtsbauer was quoted. Gebhardtsbauer said that collecting early benefits from Social Security only makes sense if you do not live past your break-even age, but if you plan on living longer than your break-even age, it could be a good idea to delay receiving benefits. 

June 24, 2007
Washington Post

The Academy's Social Security Game was discussed. 

June 20, 2007
Fort Worth Star-Telegram

A letter to the editor from Jeffrey Petertil and Adam Reese, the co-chairpersons of the Academy's Joint Committee on Retiree Health, was published. The letter clarified the joint committee's position and stated its support of accrual accounting for other post-employment benefits.

June 06, 2007
CNNMoney.com

Academy Senior Pension Fellow Ron Gebhardtsbauer discussed increased longevity and other pertinent factors for baby boomers to consider when they decide whether to collect Social Security benefits before full retirement age.

April 24, 2007
CNNMoney.com

Academy Senior Health Fellow Cori Uccello and Ken Steiner, a member of the Academy's Social Insurance Committee, provided comments on the 2007 Medicare and Social Security trustees' reports.

April 17, 2007
Washington Post

Academy Senior Pension Fellow Ron Gebhardtsbauer joined a financial columnist to answer readers' questions about retirement planning and Social Security reform. 

April 15, 2007
Washington Post

Academy Senior Pension Fellow Ron Gebhardtsbauer explained retirement benefit packages in a financial column aimed at college graduates.

April 08, 2007
Baltimore Sun

Academy Senior Pension Fellow Ron Gebhardtsbauer was quoted. Gebhardtsbauer said that future defined contribution pension plans may have more features of traditional pension plans.

March 19, 2007
Pensions & Investments

Academy Senior Pension Fellow Ron Gebhardtsbauer discussed a Federal Reserve report on financial assets.

March 08, 2007
USA Today

The Academy was cited as a source of longevity statistics in an article on saving for retirement.

March 05, 2007
Bloomberg

The Academy was cited as the source of estimated insured losses resulting from a future chemical, nuclear, biological or radiological terrorist attack in New York City.

February 28, 2007
Commercial Appeal (Memphis, Tenn.)

Academy Senior Pension Fellow Ron Gebhardtsbauer discussed cash balance plans after a courier company changed its pension plan structure.

February 11, 2007
Chicago Tribune

The Academy's estimate of the cost of secondhand smoke exposure on nonsmokers was cited. The Academy said that secondhand smoke cost nonsmokers about $6 billion in medical and economic costs in 2004.

January 22, 2007
Associated Press / San Diego Union-Tribune

Donald J. Segal, the Academy's vice president for pension issues, discussed improved pension funding at Fortune 100 companies.

January 18, 2007
CNNMoney.com

A link to the Academy's Social Security Game was included in a news report on the possibility of Social Security reform. 

December 25, 2006
Pensions & Investments

Academy Vice President Donald J. Segal wrote in an op-ed that the Pension Protection Act and favorable court rulings may bolster the future of defined benefit plans.