American Academy of Actuaries-Pension news

About us
Membership
Code of Conduct
Newsroom
Publications
Issues
Calendar of events
Jobs
TRACE
ASB
ABCD
Public discipline
Profession-wide search
Find an actuary
Links

Pension news

The Pension Practice Council provides objective technical expertise to policy-makers and regulators on pension and Social Security issues.

The council is led by Ethan Kra, the Academy's vice president for pension issues. Frank Todisco is the senior pension fellow.

Pension comments to the PBGC

The Academy's Pension Committee comments to the Pension Benefit Guaranty Corporation (PBGC) on proposed regulations concerning reportable events under ERISA Section 4043 and the purchase of irrevocable commitments prior to initiating a standard plan termination under ERISA Section 4041.

Comments on H.R. 2748, 3936

The Pension Committee comments on H.R. 3936, The Preserve Benefits and Jobs Act of 2009. and H.R. 2748, The Retirement Security Needs Lifetime Pay Act of 2009.

Updated: Practice note on preparing a certification for AFTAP

The Academy's Pension Committee has issued a practice note on current and emerging practices in the preparation of the certification of a U.S. tax-qualified pension plan’s adjusted funding target attainment percentage (AFTAP), as required under the benefit-restriction provisions of the Pension Protection Act of 2006 (PPA) and associated proposed regulations.

Pension comments to the Joint Board

The Academy's Pension Committee comments to the Joint Board in response to proposed regulations governing the performance of actuarial services under the Employee Retirement Income Security Act of 1974 (ERISA).

Shoring up Social Security

The Academy says the 2009 Social Security trustees’ report highlights the imperative to act immediately to address the challenges facing Social Security.

See the Academy issue brief on Social Security's financial condition.
Read the Academy's position statement on raising the retirement age.
Academy Capitol Hill briefing and Washington news conference urging policymakers to immediately address Social Security's long-term financial problems by raising the normal retirement age to reflect increased longevity.

Estmating your Social Security benefits

Want an estimate of your potential Social Security benefits if you retire early? Or if you work a few years longer than most? Try the Retirement Estimator from Social Security, a new interactive tool for financial/retirement planning.

Pension help from PAL

The Academy's Pension Assistance List (PAL) program helps workers and retirees who have questions about their pension plans.