Public Policy Comments and Letters

Risk Management and Financial Reporting Council letter to the Senate recommending that the National Insurance Act of 2006 include a provision creating an Office of the Actuary. (July 17, 2006)
Joint Committee on Retiree Health letters to FASB expressing concern over proposed changes in financial accounting standards for pensions and OPEBs. (May 31, 2006)
Life Capital Adequacy Subcommittee comments to the NAIC Life RBC Working Group regarding the proposed 2006 life RBC instructions. (May 22, 2006)
Medical Malpractice Subcommittee comments on S. 22 and S. 23, a pair of medical professional liability reform bills being considered in the Senate. (May 8, 2006)
Small-Group Market Task Force comment letter on S. 1955, the Health Insurance Marketplace Modernization and Affordability Act of 2006. (May 4, 2006)
Pension Practice Council letter to the Department of Energy regarding its policy to no longer reimburse DOE contractors for costs associated with defined benefit (DB) plans. (May 3, 2006)
Pension Practice Council follow-up letter to the Government Accountability Office (GAO) regarding a GAO report on cash balance pension plans. (May 1, 2006)
Terrorism Risk Insurance Subgroup comments to the President's Working Group on Financial Markets on terrorism risk insurance issues. (April 21, 2006)
Joint Committee on Retiree Health comments on the proposed GASB technical bulletin, Accounting and Financial Reporting by Employers and OPEB Plans for Payments from the Federal Government Pursuant to the Provisions of Medicare Part D. (April 17, 2006)
Pension Committee letter to the Securities and Exchange Commission (SEC) responding to a proposed executive-compensation disclosure rule. (April 3, 2006)
Financial Reporting Committee suggestions for revising a proposed IAA practice guideline on insurance risk disclosure. (March 27, 2006)
Multiemployer Plans Task Force letter to Moody's Investors Service commenting on a proposed rating methodology for companies with multiemployer defined benefit (DB) pension plans. (March 6, 2006)
Variable Annuity Reserve Work Group comments to LHATF regarding proposed changes to AG VACARVM. (March 1, 2006)
Pension Accounting Committee letter to Financial Accounting Standards Board (FASB) regarding a FASB project to reconsider accounting for pension benefits and other postemployment benefits (OPEBs). (February 10, 2006)
Pension Practice Council Vice-President, Don Segal, letter to the editor of The Economist in response to an article about the problems associated with defined benefit (DB) pension plans. An abridged version of the letter was published. (February 4, 2006)
Financial Reporting Committee response to a FASB invitation to comment on the treatment of liabilities and assets with uncertainties in financial reporting. (January 11, 2006)
Comments from COPLFR about draft Bermuda Monetary Authority guidance on the role of the loss reserve specialist. (December 22, 2005)
Life Practice Council comment letter to the SEC about the treatment of equity-indexed annuities as insurance rather than securities. (December 21, 2005)
Life Reserves Working Group memo to New York Insurance Department about discount rates. (December 21, 2005)
Pension Practice Council letter to the Government Accountability Office (GAO) commenting on a GAO report about cash balance pension plans. The GAO responded to the PPC with a letter addressing council concerns. (December 5, 2005)