Pension Committee
The committee's purpose is to bring to the public and the United States actuarial profession expertise regarding public and private retirement plans. Within the scope of this mission, the committee:
- Provides independent and objective analysis, advice, and education to stakeholders of public and private retirement plans with respect to:
- Funding
- Financial reporting
- Managing financial risks
- Plan design
Staff Liaison:
Janae Nelson
ASB Liaison:
Julie Ferguson
Chairperson:
Grace Lattyak
Vice Chairperson:
Lloyd Katz
Members:
Martin Bauer
Margaret Berger
James Burke
Tristan Christ
Jonathan de Lutio
Fernando Garcia Alvarado
C. David Gustafson
Scott Hittner
Troy Jaros
Maria Kirilenko
Edward Law
Tonya Manning
Gerard Mingione
Maria Moliterno
Nadine Orloff
Aaron Shapiro
Tianxiang Shi
Thomas Swain
Hal Tepfer
Margaret Berger
James Burke
Tristan Christ
Jonathan de Lutio
Fernando Garcia Alvarado
C. David Gustafson
Scott Hittner
Troy Jaros
Maria Kirilenko
Edward Law
Tonya Manning
Gerard Mingione
Maria Moliterno
Nadine Orloff
Aaron Shapiro
Tianxiang Shi
Thomas Swain
Hal Tepfer
Related Publications
Pension Committee Comments to FASB on Application of ASC Topic 715 to Market-Return Cash Balance Plans
The Pension Committee submitted a comment letter to the Financial Accounting Standards Board Emerging Issues Task Force's (EITF) current agenda project: Application of Topic 715 to Market-Return...
Topics: Public Policy Retirement
Date Published: 09/10/2025
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Gain/Loss Analysis for Pension Plans
The Pension Committee's practice note provides information to actuaries on current practices relevant to the performance of an analysis of gains and losses in connection with the actuarial valuation...
Topics: Pension Funding Retirement
Date Published: 08/11/2025
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Selecting and Documenting Pension Assumptions Other Than Discount Rate and Investment Return
The Academy's Pension Committee released a practice note providing information to actuaries on current and emerging practices in the selection and documentation of certain actuarial assumptions for...
Topics: Public Policy Retirement
Date Published: 06/04/2025
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Pension Committee Comments to IRS on Priority Guidance Plan
The Pension Committee sent a comment letter to the IRS on the agency's 2025-2026 Priority Guidance Plan, listing issues within topic area including closed plan guidance, SECURE 2.0 cash balance...
Topics: Public Policy Retirement
Date Published: 05/30/2025
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Pension Committee Releases Major Issue Paper on ERISA
The Pension Committee released an issue paper, ERISA: 50 Years of Shaping the Single-Employer Defined Benefit Landscape. It discusses the broad impacts of The Employee Retirement Income Security...
Topics: Retirement
Date Published: 08/28/2024
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RPC Comments to Senate HELP Committee on Self-Employed Workers
The Retirement Practice Council's Social Security and Retirement Policy and Design Evaluation committees sent a joint comment letter to the Senate Committee on Health, Education, Labor and Pensions...Date Published: 07/03/2024
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Pension Committee Comments on ASOP No. 12 Exposure Draft
The Pension Committee submitted comments to the Actuarial Standards Board regarding the proposed revision of Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice...
Topics: Actuarial Standards Board Retirement
Date Published: 05/01/2024
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Pension Committee Publishes Issue Brief on Church-Sponsored Retirement Plans
The Pension Committee released an issue brief, Church-Sponsored Retirement Plans-Overview and Considerations. This issue brief discusses the broad range of church plans and practices. Among other...
Topics: Retirement
Date Published: 01/24/2024
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Committee Comments on Secure 2.0 Reporting and Disclosure
The Pension Committee submitted comments in response to the Department of Labor (DOL) Employee Benefits Security Administration's (EBSA) Request for Information on a number of SECURE 2.0 provisions...
Topics: Benefits Retirement
Date Published: 10/10/2023
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Issue Brief Looks at Pension Plan Design Enhancements
The Pension Committee released an issue brief, Enhancing Retirement Security Through Changes in Plan Design and Related Requirements, that examines modifications to defined benefit (DB) plans that...
Topics: Retirement
Date Published: 09/14/2023
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Valuing Gender Expansive Data Issue Brief
Pension Committee issue brief examining issues pension actuaries may consider when performing an actuarial valuation using sex/gender expansive data-data on sex/gender that is either missing or...
Topics: Retirement
Date Published: 08/14/2023
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Buy-Out Group Annuity Purchase Primer
Pension Committee issue brief on pension plan sponsor role and considerations regarding "buy-out" annuity contract transactions.
Topics: Retirement
Date Published: 07/07/2023
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Selecting and Documenting Pension Assumptions Other Than Discount Rate, Investment Return, and Mortality
Pension Committee practice note, , updating a 2009 practice note, revised to reflect updated actuarial standards of practice (ASOPs), including changes in ASOP Nos. 27 and 35 that are effective for...
Topics: Actuarial Standards Board Retirement
Date Published: 06/21/2023
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Practice Note on Modeling for Pension Actuaries
Pension Committee public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No. 56, Modeling.
Topics: Public Policy Retirement
Date Published: 01/19/2023
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Selecting and Documenting Mortality Assumptions for Pensions
Pension Committee public policy practice note, Selecting and Documenting Mortality Assumptions for Measuring Pension Obligations, updating a 2015 practice note, revised to reflect updated Actuarial...Date Published: 01/19/2023
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Practice Note on Difficult-to-Value Provisions of Defined Benefit Plans
Pension Committee Practice Note on Measuring Pension Obligations for Difficult-to-Value Plan Provisions.
Topics: Retirement
Date Published: 12/09/2022
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Committee Comments to U.S. House and Senate Leaders on Bipartisan Retirement Legislative Proposals
Comment letter from the Pension Committee and Retirement Policy and Design Evaluation Committee on provisions included in the Securing a Strong Retirement Act of 2022 (SECURE 2.0), the EARN Act, and...
Topics: Retirement
Date Published: 12/07/2022
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Issue Brief on Public Policy Considerations for Funding Rules Proposals
Pension Committee issue brief highlighting key considerations around potential modifications to single employer pension plan funding rules.
Topics: Public Policy Retirement
Date Published: 04/20/2022
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Issue Brief on Interpreting Pandemic-Related Decreases in Life Expectancy
Pension Committee issue brief explaining complexities involved in the measurement of life expectancy estimates.
Topics: Retirement
Date Published: 12/22/2021
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Comment Letter to FASB on Future Standard-Setting Agenda
Pension Committee comment letter responding to Financial Accounting Standards Board's (FASB) June 2021 Invitation to Comment on its future standard-setting agenda.
Topics: ASB Retirement
Date Published: 09/22/2021
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