Alternatives for Pension Cost Recognition – Issues and Implications

November 10, 2015
Noon-1:30 p.m. EST

This webinar provided a discussion of an area of emerging practice to inform actuaries and other interested parties about alternative expense methodologies. It reviewed different applications of yield curve rates in determining the elements of pension accounting cost, along with the theoretical rationales and implications of using them. This webinar was based on the issue brief Alternatives for Pension Cost Recognition – Issues and Implications, released by the Academy’s Pension Committee and Pension Accounting Committee in August 2015.


WEBINAR PANELISTS

• Bruce Cadenhead, MAAA, EA, FSA, FCA – member, American Academy of Actuaries Pension Committee
• Tim Geddes, MAAA, EA, FSA, FCA – member, American Academy of Actuaries Pension Committee
• Jerry Mingione, MAAA, EA, FSA, FCA, CERA – member, American Academy of Actuaries Pension Committee

CONTINUING EDUCATION

The American Academy of Actuaries believes in good faith that your attendance at this live webinar, “Alternatives for Pension Cost Recognition – Issues and Implications,” constitutes an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States depending upon your area of practice. Under these Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.

JBEA CPE CREDIT
 
The Joint Board for the Enrollment of Actuaries (JBEA) has approved the Academy as a qualifying sponsor of continuing professional education (CPE) programs for enrolled actuaries.
 
If you are an enrolled actuary, the Academy believes in good faith that you may earn 1.8 CPE non-core non-ethics credits under the JBEA rules for attending this live webinar. However, the JBEA ultimately determines what constitutes core and non-core, ethics and non-ethics continuing education and the number of CPE credit hours allocated to same for enrolled actuaries. During the live webinar ONLY, instructions will be given to attendees on the process for obtaining certificates of attendance.