Pension News

The Academy's Pension Committee submitted a letter to the Internal Revenue Service and Department of the Treasury with comments and recommendations for future guidance on merger and spinoff issues related to the measurement of assets and liabilities for pension funding purposes and funding ratios. (June 1, 2011)
The Academy's Social Insurance Committee released a new issue brief that highlights the 2011 Social Security Trustees Report and outlines the public policy options to address Social Security's long-term financial soundness. (May 26, 2011)
Presentation slides are now available for the Pension Practice Council’s May 26 Capitol Hill briefing: An Actuarial Perspective on the 2011 Social Security Trustees Report. Presenters from the Academy's Social Insurance Committee shared insights on the 2011 Social Security Trustees Report and presented reform options that, if enacted now, could help address Social Security's long-term financial soundness. (May 26, 2011)
The Academy's Pension Committee comments to the IRS and Treasury regarding the potential implications of expected regulatory guidance on the definition of "plan-related expenses expected to be paid from plan assets" under Internal Revenue Code (IRC) Section 430(b).  (May 24, 2011)
The Pension Committee submitted comments to the Actuarial Standards Board regarding a proposed revision of ASOP No. 27, Selection of Economic Assumptions for Measuring Pension Obligations. (May 12, 2011)
The presentation and video are available for the Academy Pension Practice Council's April 4 Capitol Hill briefing on Pension Risk and Your Retirement. Presenters Ethan Kra and Lane West addressed the risks inherent with retirement plan designs and the implications for retirement planning and public policy reforms. View videos of the briefing. Download the presentation. (April 14, 2011)
Intersector Group releases a report to the Pension Practice Council containing notes from its March 2014 meeting with the Treasury Department and Internal Revenue Service. ()