October 17, 2011

On-air contributor Steve Hayes, a senior writer for the Weekly Standard, mentioned the Academy for its 2009 letter to Congress that included an actuarial analysis of the Community Living Assistance Services and Supports (CLASS) Act. The analysis was conducted by a joint American Academy of Actuaries/Society of Actuaries work group.

October 17, 2011

New research findings from the actuarial profession illustrate the pension funding challenges facing the private defined benefit system. Presenters from the American Academy of Actuaries and Society of Actuaries discussed important implications for plan sponsors, beneficiaries, and policymakers. Speakers: Academy Vice President Ethan Kra, SOA Vice President Tom Terry, SOA Research Actuary Joe Silvestri, and Academy Senior Pension Fellow Don Fuerst. Part 1/4

September 29, 2011
Academy Senior Pension Fellow Donald Fuerst discussed Ellen Schultz's new book, "Retirement Heist." Fuerst told host Steve Inskeep that in his professional experience, most employers have had the best interest of their organizations and employees at heart. He also said that most pension plan funding troubles are related to a poor economy and “extraordinarily complex” pension funding rules.

Click here to listen to the broadcast.

July 08, 2011

Academy Public Interest Committee Chairperson Tom Terry testified to the U.S. House Committee on Ways and Means Subcommittee on Social Security's current and future benefit expenditures.

May 24, 2011
"The risk of a product recall, and what that probability is, is almost impossible to answer, but I think the safest bet is everybody should plan for the potential product recall event," advises Actuary Kevin Bingham, who co-authored "Product Recall: Covering Your Bottom Line" in the March/April 2011 issue of the American Academy of Actuaries' bimonthly magazine, Contingencies.
See video