The Committee’s mission is to bring to the public and the United States actuarial profession expertise regarding financial reporting for retirement plans. Within the scope of this mission, the Committee:
- Provides independent and objective analysis, advice, and education to stakeholders on current and proposed financial reporting for retirement plans.
- Monitors activities, reviews proposals, and provides comments as appropriate to accounting standards setters.
- Supports the profession’s continuing educational and training efforts that advance actuarial practice or enhance professionalism by disseminating information to actuaries regarding recent policy developments, new regulations or standards.
- Promotes understanding and cooperation between the actuarial and accounting professions in areas of mutual interest.
- Coordinates with other Academy committees where appropriate on issues with overlapping jurisdiction.
- Develops practice notes for the membership.
- Comments on actuarial standards of practice related to financial reporting.
Staff liaison: David Goldfarb
Chairperson: Stephen Alpert
Vice Chairperson: John Steele
