Social Security Trustees Report
A Deep-Dive Discussion With the Program’s Actuaries
April 25, 2023 | Noon to 1:30 p.m. EDT | USQS CE and JBEA CPE Available
To read a recap of the webinar, click here.
ABOUT THIS WEBINAR
Attendees gained insights into the recently released annual Social Security Trustees Report during this Capitol Forum webinar, which featured prominent actuaries who oversee the program. They provided a deep dive into the assumptions and how residual effects of the COVID-19 pandemic and recent developments like updated data on inflation and output are reflected in their projections.
The chairperson of the Academy’s Social Security Committee facilitated the discussion and provided a summary of the trustees’ findings.
Attendees gained insight into these programs and:
- Gained an understanding of Social Security’s 2023 financial picture;
- Learned the key drivers of the financial results and the actuarial assumptions used in the projections; and
- Understood how events and economic changes since the prior year’s reports are reflected in assumptions and carried through to financial projection results.
SPEAKERS
- Karen Glenn, MAAA, FSA, EA
Deputy Chief Actuary, Office of the Chief Actuary, Social Security Administration - Stephen Goss, MAAA, ASA
Chief Actuary, Office of the Chief Actuary, Social Security Administration
MODERATORS
- Amy Kemp, MAAA, ASA, EA
Chairperson, Social Security Committee
CONTINUING EDUCATION
The American Academy of Actuaries believes in good faith that attendance at this live webinar constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States, and that attendees may earn up to 1.8 CE credits for attending this live webinar.
We also believe in good faith that Enrolled Actuaries (EAs) may earn up to 1.8 continuing professional education (CPE) noncore credits under the Joint Board for the Enrollment of Actuaries (JBEA) rules for attending this live webinar. However, the JBEA ultimately determines what constitutes core, non-core, ethics, or non-ethics continuing education and the number of CPE credit hours allocated to same for Enrolled Actuaries. All EAs who want to receive a Certificate of Attendance must be registered either as an individual attendee or listed as part of a group registration and must submit their request within two business days of the event. You are still required to attest to your actual attendance for the full webinar to receive full JBEA credit.
- Please note that the Joint Board for the Enrollment of Actuaries’ (JBEA) temporary waiver of the “physical presence” requirement ended on Dec. 31, 2022. Consequently, in order for attending EAs to receive Formal JBEA CPD credit for attending this program, the EA must simultaneously participate in the live program in the same physical location with at least two other participants engaged in substantive pension service. Groups of three or more participants who are in the same physical location may participate via the internet, video conferencing, or teleconferencing.
QUESTIONS
- For information about this webinar, contact education@actuary.org
- Learn more about our webinar policies, including group registration.
The Academy’s Capitol Forum series provides opportunities for actuaries from across all practice areas to learn about public policy topics from policymakers and other subject matter experts who are engaged in policy development and regulatory processes. This series affords Academy members the opportunity to engage with those stakeholders to gain a unique perspective on issues of concern and interest to actuaries.
