Pension Committee

The Committee’s mission is to bring to the public and the United States actuarial profession expertise regarding public and private retirement plans. Within the scope of this mission, the Committee:
  • Provides independent and objective analysis, advice, and education to stakeholders of public and private retirement plans with respect to:
    • Funding
    • Financial Reporting, in conjunction with Pension Accounting Committee
    • Managing financial risks
    • Plan Design
  • Actively consults with public policymakers about the effects of legislation and regulations on retirement benefits. 
  • Identifies emerging issues affecting retirement benefit plans.
  • Comments on pending retirement legislation and regulations.
  • Coordinates with other Academy committees where appropriate on issues with overlapping interests.
  • Develops practice notes for the membership.
  • Comments on actuarial standards of practice related to public and private plans.

Staff liaison: David Goldfarb

Chairperson: Mike Pollack
Vice Chairperson: Ellen Kleinstuber

 Paul Angelo
 Margaret Berger
 Bruce Cadenhead
 Charles Clark
 Timothy Geddes
 Douglas German
 William Hallmark
 Scott Hittner
 Jeffrey Litwin
 Gerard Mingione
 Keith Nichols
 Andrew Peterson
 Maria Sarli
 Mitchell Serota
 James Shake
 Joshua Shapiro
 Mark Spangrud
 Lane West
 Carolyn Zimmerman

Related Publications

Comments on Notice Requirements Under Section 101(j) of ERISA
Pension Committee comments to the Internal Revenue Service regarding notice requirements under section 101(j) of ERISA, as promulgated in Notice 2012-46. (February 05, 2013)
Comments on Proposed Revisions to ASOP No. 25
Pension Committee comments to the Actuarial Standards Board regarding proposed revisions to ASOP No. 25, Credibility Procedures. (December 28, 2012)
Comments on Proposed Regulations on Lump-Sum Distributions When Plan Sponsor Files Bankruptcy
Pension Committee comments to the Internal Revenue Service in response to its proposed regulations concerning the prohibited payment option under single-employer defined benefit plans when a plan sponsor is in bankruptcy. (August 20, 2012)
Letter on Implementation of MAP-21 Pension Provisions
Pension Committee letter to Department of Treasury officials regarding the implementation of MAP-21 pension provisions. Attached to the letter is an outline of topics discussed by several Pension Committee members at a meeting with Treasury on July 23. (August 02, 2012)
Pension Committee Letter to SOA on Scale BB
Pension Committee letter to the SOA regarding a new set of mortality tables and projection scales for the valuation of uninsured pension plans. (June 30, 2012)
Letter on Proposed Revision to ASOP No. 27
Pension Committee comments to the Actuarial Standards Board regarding proposed revisions to ASOP No. 27, Selection of Economic Assumptions for Measuring Pension Obligations. (May 31, 2012)
Letter on Proposed Revision to ASOP No. 4
Pension Committee comments to the Actuarial Standards Board regarding proposed revisions to ASOP No. 4, Measuring Pension Obligations and Determining Pension Plan Costs or Contributions. (May 31, 2012)
Letter on Proposed Regulations for Partial Annuity Distribution Options
Pension Committee comments to the Internal Revenue Service on proposed regulations for partial annuity distribution options under defined benefit pension plans. (May 03, 2012)
Letter on Proposed Regulations for Longevity Annuity Contracts
Pension Committee comment letter to the Internal Revenue Service responding to proposed regulations for longevity annuity contracts. (May 03, 2012)
Comments on Increasing Flexibility for Elections to Reduce Funding Balances
Pension Committee letter to the Internal Revenue Service and Department of the Treasury addressing elections to reduce funding balances for defined benefit pension plans. (February 16, 2012)