The Academy's Senior Pension Fellow Frank Todisco was a panelist during an Urban Institute briefing that explored increasing the retirement age for Social Security. Audio also available.

Academy Public Interest Committee Chairperson Tom Terry discussed increasing the retirement age for Social Security. Terry said that the age needs to increased to address Social Security's long-term imbalance.

The Academy was mentioned for warning about possible adverse selection issues with the Community Living Assistance Services and Supports (CLASS) Act.

Academy Life Products Committee member Linda Lankowski discussed risk classification and gender-based pricing for life insurance. Lankowski said that differences in life expectancy among males and females exist across all demographics and in every country around the globe.

Academy Senior Pension Fellow Frank Todisco and Academy board member Ron Gebhardtsbauer discussed increasing the retirement age for Social Security. Todisco said a worker can still earn about the same level of retirement security with an increased retirement age if the future retiree decides to work one extra year for every year the retirement age is increased.

The Academy's Medical Loss Ratio Regulation Work Group's May 14 letter to the U.S. Department of Health and Human Services regarding new medical loss ratio requirements was cited.

Academy Senior Pension Fellow Frank Todisco was a featured guest to discuss the retirement age for pension plans. Todisco said that as people are living longer, pension plans become more and more expensive to maintain.

Tom Wildsmith, an Academy board member and long-time Health Practice Council volunteer, offered an initial actuarial perspective on the 2010 Medicare trustees’ report. Wildsmith said that although Medicare’s hospital insurance (HI) trust fund’s date of exhaustion has been put off for a few years, an underlying financial imbalance still remains.

The Academy's Senior Pension Fellow Frank Todisco discussed the 2010 Social Security trustees’ report. Todisco said that although the recession caused a shortfall in revenue, Social Security’s insolvency date is still estimated to be 2037 because of an indirect impact of a new tax in the health care reform law that could trim health insurance benefits and boost taxable wages, thus increasing Social Security revenue.

The Academy's Social Security Game was cited and linked as part of a feature on Social Security, which included a poll on how readers would fix the program.