Retirement Practice Council

Public Sector Workers Not Covered by Social Security

A new policy paper, Public Sector Workers Not Covered by Social Security: Implications for Their Retirement Security, examines how public sector entities seeking exemption from Social Security must...

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...

Significance of the Social Security Trust Fund

Social Security's assets are held in two trust funds invested in U.S. Treasury securities, which help reduce publicly held federal debt. As the funds are drawn down, publicly held debt will need to...

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...

Practice Councils Comment to NAIC on RBC Principles

The Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Practice Council submitted a joint comment letter to NAIC's Risk-Based...

Highlights from the 2025 Social Security Trustees Report

The Social Security Committee released Highlights from the 2025 Social Security Trustees Report, a one-page illustration detailing the latest annual report on the current and projected financial...

Annual Medicare and Social Security Trustees’ Reports Released

The annual Social Security and Medicare trustees' reports on the financial status of the programs were released on June 18. An Academy alert, available to members, covers the reports' highlights,...

Social Security and The Financially Disadvantaged

While Social Security has been instrumental in reducing poverty among older Americans, approximately 9% of retirees still remain in poverty and rely on Social Security for most or all their income....

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...

Improving Spousal Retirement Plan Protections—Gaps and Policy Proposals

The Academy's Retirement Policy and Design Evaluation Committee has published a new issue brief examining how employer-sponsored retirement plans provide important protections for spouses, such as...

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...

RPC Letter to the House Budget Committee on the PBGC Premium Due Date

The Retirement Practice Council's Pension Committee sent a letter to the House Budget Committee to ask that the Committee consider modifying the due date of the 2025 Pension Benefit Guarantee...

RPADE Releases Issue Brief on CDC Plans

The Retirement Policy and Design Evaluation Committee released an issue brief, Collective Defined Contribution Plans. The issue brief defines Collective Defined Contribution (CDC) plans broadly,...

Issue Brief Lays Out Information to Help Assess Value of Pension Buyouts

The Public Plans Committee released an issue brief, Public Pension Plans: Helping Members Evaluate Buyout Programs and Other Lump Sums. The issue brief suggests critical information that would...

Issue Paper—Immigration and Social Security

The Social Security Committee has released a public policy issue paper, Immigration and Social Security. Immigration is a crucial component to the trajectory of the financial condition of the...

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...

An Actuarial Perspective on the 2024 Social Security Trustees Report

The Social Security Committee released an issue brief, An Actuarial Perspective on the 2024 Social Security Trustees Report. This detailed brief provides perspective on the latest detailed annual...

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...

Improving Retirement Outcomes: Demographic Considerations

The Retirement Policy and Design Evaluation Committee released a policy paper, Improving Retirement Outcomes: Demographic Considerations, which discusses retirement inequities and how current...

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...