Highlights from a conversation on public pension plan issues. The discussion developed into a feature article in the September-October issue of Contingencies magazine, which is published by the American Academy of Actuaries. Participants include actuaries: Ken Kent, Robert North, and James Rizzo.
The Academy's 2009 letter to Congress that included an actuarial analysis of the Community Living Assistance Services and Supports (CLASS) Act by a joint Academy/Society of Actuaries work group was cited by U.S. House Energy & Commerce Subcommittee on Health Chairman Joe Pitts, and Reps. Charles Boustany and Phil Gingrey during a hearing held by two congressional subcommittees on the CLASS program.
On-air contributor Steve Hayes, a senior writer for the Weekly Standard, mentioned the Academy for its 2009 letter to Congress that included an actuarial analysis of the Community Living Assistance Services and Supports (CLASS) Act. The analysis was conducted by a joint American Academy of Actuaries/Society of Actuaries work group.
New research findings from the actuarial profession illustrate the pension funding challenges facing the private defined benefit system. Presenters from the American Academy of Actuaries and Society of Actuaries discussed important implications for plan sponsors, beneficiaries, and policymakers. Speakers: Academy Vice President Ethan Kra, SOA Vice President Tom Terry, SOA Research Actuary Joe Silvestri, and Academy Senior Pension Fellow Don Fuerst. Part 1/4