American Academy of Actuaries-Pension section

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Pension news

The Pension Practice Council provides objective technical expertise to policy-makers and regulators on pension and Social Security issues.

The council is led by Thomas Terry, the Academy's vice president for pension issues.

Letter to the editor of the New York Times

The Academy responds to “Actuaries Scrutinized on Pensions,” a May 21 article published in the New York Times.

Analysis of Social Security trustees' report

The findings in the 2008 Social Security trustee's report demonstrate the need for timely and effective action to make Social Security solvent and sustainable, says an Academy issue brief.

Examining longevity's costs

The North American Actuarial Council asks the Academy to help put the implications of increasing longevity into "the forefront of public policy discourse." NAAC warns that the long-term viability of many financial security arrangements is threatened by a failure to adapt to increasing longevity.

Voters' resources on retirement issues

"Election 2008," a new set of online Academy resources, is designed to help voters better understand such vital public policy issues as health care reform and Social Security and Medicare's financial problems.

Pension help from PAL

The Academy's Pension Assistance List (PAL) program helps workers and retirees who have questions about their pension plans.

Comments on proposed IRS pension rules

The Pension Committee responds to proposed IRS regulations on

proposed IRS regulations on Pension Protection Act changes for some hybrid pension plans. The Academy's comments focus on the treatment of variable annuities, Code section 411(d)(6), and the definition of the market rate of returns.
proposed IRS regulations for measuring pension assets and liabilities. The Academy highlights yield curve and actuarial assumption definition concerns.