Actuary to Testify to Congressional Subcommittee on Social Security’s Finances

What:

The U.S. House Committee on Ways and Means Subcommittee on Social Security will hold a hearing on Social Security’s current benefit expenditures and how proposed changes to future benefits will affect the program, future beneficiaries, workers and the economy.

For more information on this hearing, please visit: http://waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=249609

The American Academy of Actuaries has been urging policymakers to include an increase in the retirement age in any package of reforms to address Social Security’s financial challenges. The American Academy of Actuaries position statement is available at: http://www.actuary.org/pdf/socialsecurity/statement_board_aug08.pdf

Who:

Tom Terry

Chairperson, Public Interest Committee

American Academy of Actuaries

When:

Friday, July 8, 2011, at 9 a.m.

Where:

Rayburn House Office Building, Room B-318

Washington, D.C.

Contact:

For more information, please contact Andrew Simonelli, assistant director of communications for the American Academy of Actuaries, at 202.785.7872 or Simonelli@actuary.org. For more information on the American Academy of Actuaries, please visit: http://www.actuary.org/