Actuarially Sound

As the gig economy continues to grow and individuals look for ways to balance the desire for additional flexibility in their employment status while preserving their ability to save and prepare for a financially secure retirement, addressing the particular challenges facing gig workers is crucial to closing the retirement security gap.

Advanced planning helps individuals safeguard their properties, but forward-looking data integration is what allows public policy to maximize long-term systemic readiness.

The framework is a tool to complement—not replace—existing evaluation approaches by surfacing critical questions about program goals, equity impacts, and long-term value. By encouraging equal consideration of financial and nonfinancial outcomes, the framework supports more informed decision-making and a more complete understanding of program effectiveness. 

The HPC immediately met the challenge of presenting to state legislators when we were asked. More importantly, by offering our testimony, the HPC held true to the Academy’s mission and goals. Actuaries were at the table, sharing their insights and their expertise with policymakers.

The Pension Committee's recent work provides a fresh, data-driven look at how retirees are actually navigating these high-stakes decisions. 

While the Academy does not lobby on specific proposals, understanding proposed and final pieces of law is essential, as they could or do directly influence every line of business where actuaries are involved. Here are some of the 2025 legislative and regulatory highlights.

Rural America faces significant health disparities caused in large part by an aging population and provider shortages. Congress, as part of the recently passed One Big Beautiful Bill Act, is attempting to change that with the new $50 billion Rural Health Transformation Plan.