Academy News

Read about the Academy’s Capitol Hill briefing on lifetime income risk, professionalism web events, testimony before the PBGC, and more! (July 03, 2013)

Read about the insurance career of modernist composer Charles Ives, the perilous state of the National Flood Insurance Program, how predictive models failed to foresee the mortgage meltdown, and much more. (July 01, 2013)

Read about Enrolled Actuaries Meeting sessions; the lifetime income risk discussion paper; testimony before the PBGC on a rule reducing reporting requirements; and more stories about the Academy’s pension activities. (June 28, 2013)

Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (June 28, 2013)

The Academy hosted a briefing on the need for retirees to secure a lifetime income. The briefing, "Risky Business: Living Longer Without Income for Life," coincides with the June 19 release of the Lifetime Income Risk Joint Task Force’s discussion paper. The Academy briefed policy makers on how improved life expectancy affects planning for retirement; the challenges to ensuring lifetime income; and potential solutions to the risk of outliving one's income, including emphasizing financial literacy and education, refocusing retirement plan design, and developing policies that support lifetime income needs. (June 27, 2013)

The U.S. Government Accountability Office (GAO) is looking for credentialed actuaries from any practice area to fill two open Senior Actuary positions. The deadline for application is July 19, 2013. Click here to learn more and how you can apply. (June 24, 2013)

Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (June 21, 2013)

The American Academy of Actuaries will host a June 27 Capitol Hill briefing that will examine the financial risks of increased lifespans, and the need for retirees to secure lifetime income. The Academy’s Lifetime Income Initiative is part of its continuing effort to provide objective, unbiased information to serve the public and the United States actuarial profession. (June 20, 2013)

The Academy’s Lifetime Income Risk Joint Task Force, composed of actuaries from the life and pension practice areas, has released its discussion paper, Risky Business: Living Longer Without Income for Life. The discussion paper focuses on the issue of ensuring retirees secure income that lasts their entire lifetime and discusses potential solutions through changes in education, plan design, and federal retirement policy. Read the news release. (June 19, 2013)

This webinar helps actuaries to learn more about the new information contained in the revised ASOP No. 1, Introductory Actuarial Standard of Practice. Effective June 1, 2013, ASOP No. 1 is a revision of the previous Introduction to the Actuarial Standards of Practice and includes new content as well as clarification of prior language. (June 17, 2013)

Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (June 17, 2013)

Read about recent health care reform activities in the latest edition.  (June 12, 2013)

Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (June 07, 2013)

We want to know who you think deserves recognition! The Jarvis Farley Service Award is presented annually to an Academy member whose volunteer efforts on behalf of the Academy have made significant contributions to the advancement of the profession. The Robert J. Myers Public Service Award recognizes an actuary for a single noteworthy public service achievement or a career devoted to public service. And, the Award for Outstanding Volunteerism honors Academy volunteers who have made a single, noteworthy contribution above and beyond what is expected. The nominations for each of these awards are due July 8. (June 04, 2013)

Read about recent public policy events, efforts to revisit the U.S. Qualifications Standards, release of ASOP No. 1, and more! (May 31, 2013)