Reminders

• Membership dues payment is due Jan. 1, 2013. 2013 membership dues remain at the same level as 2012. If you haven’t paid your 2013 dues, click here to conveniently pay online before Jan. 1. Log in now to pay your dues, print your invoice, or to update your profile.

Recent Events

• The American Academy of Actuaries and Society of Actuaries jointly sponsored a webinar series on recently released Affordable Care Act proposed rules.
• The Life Practice Council’s Dec. 13 webinar provided an overview of the NAIC Fall National Meeting, an update on the principle-based approach to life reserves, and an outline of the newly adopted 2012 Individual Annuity Reserving Table.
• More than 3,800 actuaries attended the Council on Professionalism’s Dec. 12 webinar on peer review and common practices actuaries can use in determining whether voluntary peer review of their actuarial services and actuarial communications may be beneficial. Log in to download the slide presentation and recorded audio file.

Recently Released Publications

• Winter Enrolled Actuaries Report: Read about issues that affect pension actuaries and the Academy’s work to advance sound pension policy.

Academy in the News

• California Insurance Commissioner Dave Jones cited the Academy’s Medicaid decision brief in a San Francisco Chronicle opinion piece on Medi-Cal expansion.
• Academy Senior Pension Fellow Donald Fuerst is quoted in Bloomberg BNA’s “Benefit Groups Tailor Policy Agendas to Congressional Lame-Duck Session.”

Website: New Postings

• The Actuarial Guideline 43/C-3 Phase II Work Group sent comments to the NAIC’s C-3 Phase II/AG 43 (E) Subgroup on its Nov. 1, 2012 draft workplan relating to variable annuities.
• The Annuity Illustration Subgroup sent a comment letter to the Iowa Insurance Division on selected FAQs in its draft memorandum providing guidance relating to Iowa’s new Annuity Illustrations rules.
• The Social Security Committee updated its 2004 issue brief on Social Security means testing—a reform option that would reduce or eliminate benefits for wealthy and/or high-income participants and beneficiaries. Read the news release.
• The Financial Regulatory Reform Task Force sent comments to the IAIS on its proposed policy measures regarding insurers whose failure would cause major disruption to the global financial system.

Note: Some links in this email go to external websites and may require registration. The Academy is not responsible for the content of these websites. Links may expire.