Pension

The Pension Practice Council (PPC) provides objective technical expertise to policymakers and regulators on major retirement policy issues, including Social Security, defined benefit pension plans, and retiree health.

Social Security
Social Security
Financial sustainability and other topics related to the Social Security program.
Retirement Policy
Retirement Policy
Long term retirement policy, including the effects of legislation and regulations on retirement benefits, and emerging issues affecting retirement plans.
Public Pension Plans
Public Pension Plans
State and local government employee benefit plans’ funding, financial reporting, financial risks and plan design, and actuarial standards of practice related to public plans.
Pension Accounting and Finance
Pension Accounting and Finance
Financial reporting related to retirement plans, developments from national and international accounting standards-setting bodies, recent policy developments, and new regulations and standards.
Retiree Health
Retiree Health
Addresses issues surrounding bipartisan solutions to reform the U.S. health care system and restore retirement security for all Americans.
Multiemployer Pension Plans
Multiemployer Pension Plans
Multiemployer plans’ funding, financial reporting, financial risks, and plan design.

Pension News

Academy Senior Pension Fellow Submits Responses for the Record to the Joint Select Committee on Solvency of Multiemployer Pension Plans
Ted Goldman, Senior Pension Fellow, responded to questions for the record from the Joint Select Committee on Solvency of Multiemployer Pension Plans April 18 hearing on “The History and Structure of the Multiemployer Pension System.” (June 7, 2018)
Committee Releases Issue Brief on Loan Programs for Underfunded Multiemployer Plans
The Multiemployer Plans Committee released an issue brief that discusses the costs and risks associated with multiemployer loan programs, and the ways in which these programs could benefit troubled plans and their participants. (May 4, 2018)
Committee Releases Issue Brief on Social Security Automatic Adjustments
The Social Security Committee released an issue brief that examines automatic adjustment options to address Social Security's financial challenges. (May 4, 2018)
Academy Senior Pension Fellow Testifies at Congressional Hearing on Multiemployer Plans
Ted Goldman, the Academy’s Senior Pension fellow, testified before the Joint Select Committee on Solvency of Multiemployer Pension Plans at a hearing on “The History and Structure of the Multiemployer Pension System.” Watch the full committee hearing here (Goldman’s testimony begins at the 58m 44s mark) and read Goldman’s testimony here. (April 18, 2018)
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Pension Public Statements

Comments and letters

Comments, analysis, or explanatory material prepared for an external audience on behalf of an Academy group or the Academy as a whole; these include letters, memos, reports, and fact sheets.

Issue briefs

Analyses of major actuarial or public policy issues written primarily for policy-makers, regulators, the news media, and the public.

Policy papers

Include white papers and monographs which are longer, more detailed analyses of major actuarial or public policy issues written primarily for policy-makers, regulators, the news media, and the public. Includes monographs and white papers.

Presentations

Slides presented by the Academy at webinars, seminars, briefings, hearings, or other meetings and events.

Reports to the NAIC

The Academy works with the National Association of Insurance Commissioners (NAIC) on the creation and refinement of sensible, effective regulation. These reports and related documents highlight the NAIC-related work of the pension practice councils.

Testimony

Written and oral testimony provided to Congress or to other governmental and quasigovernmental bodies.

Practice Notes

Practice notes

Practice notes offer examples of current and emerging approaches to selected actuarial tasks. They are intended to supplement the available actuarial literature, especially where the practices addressed are subject to evolving technology, recently adopted external requirements, or advances in actuarial science and other applicable disciplines.