Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (March 24, 2017)
The spring issue of Retirement Account covers a presentation of “Longevity and Retirement Security” by Senior Pension Fellow Ted Goldman to a U.S. Chamber of Commerce retirement forum; notes from a Multiemployer Subcommittee meeting with members of the PBGC, and Treasury and Labor departments on multiemployer pension plans; an issue brief by the Pension Cost Work Group on pension cost recognition; and more. (March 23, 2017)
The Multiemployer Plans Subcommittee released notes from its meeting on Feb. 22 with officials of the Treasury and Labor departments, and Pension Benefit Guaranty Corporation to discuss applications by multiemployer pension plans in critical and declining status to suspend benefits or partition liabilities. (March 23, 2017)
The Individual and Small Group Markets Committee and the Medicaid Subcommittee sent comments to U.S. House Leadership on H.R. 1628, the American Health Care Act (AHCA), which is intended to repeal and replace provisions in the Affordable Care Act. (March 22, 2017)
The Actuarial Standards Board’s (ASB) 2016 Annual Report is now available. The report highlights the ASB’s accomplishments in 2016, including adoption of three revised actuarial standards of practice (ASOPs), approval of seven exposure drafts for comment, approval of a proposal for one revised ASOP, and a final report from the ASB’s Pension Task Force. The ASB also approved the formation of a task force to revise ASOP No. 32, Social Insurance. (March 22, 2017)
The Life Operational Risk Work Group submitted comments to the NAIC's Operational Risk (E) Subgroup on a draft report on operational life risk-based capital. (March 17, 2017)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (March 17, 2017)
The Medicaid Funding Work Group published an issue brief addressing key design elements of block grants and per capita caps in relation to program sustainability. (March 17, 2017)
The Medicaid Funding Work Group published an issue brief addressing key design elements of block grants and per capita caps in relation to program sustainability. (March 17, 2017)
Academy Senior Casualty Fellow Jim MacGinnitie presented the Actuaries Climate Index and Actuaries Climate Risk Index to the Inter-Agency Forum on Climate Change Impacts and Adaptations meeting at NASA headquarters in Washington. (March 16, 2017)
The SVL Interest Rate Modernization Work Group submitted comments to the NAIC's VM-22 (A) Subgroup on the VM-22 Maximum Valuation Interest Rates for Income Annuities draft report. (March 14, 2017)
On March 14, Tom Wildsmith represented the Academy as a guest on C-SPAN’s Washington Journal, a televised national call-in program that focuses on current events related to politics, policy, and legislation. Wildsmith, who was president in 2015-16, provided an actuarial perspective on health reform proposals supporting the sale of insurance across state lines. Watch the video. (March 14, 2017)
Read the latest issue of This Week—the Academy's end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (March 10, 2017)
The Pension Committee submitted a comment letter to the U.S. Treasury Department requesting guidance from the IRS and Treasury to resolve uncertainties that exist as to how variable annuity plans should be valued for minimum funding and Internal Revenue Code (IRC) §417(e) purposes. (March 09, 2017)
The March HealthCheck covers the Individual and Small Group Markets Committee’s three issue briefs on Affordable Care Act (ACA) related health issues; the Health Practice Council’s visits to Capitol Hill to meet with federal lawmakers and policymakers; congressional efforts to repeal and replace parts of the ACA; and recent health-related regulatory rulings. (March 08, 2017)
