Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 06, 2019)
The Multiemployer Plans Committee of the American Academy of Actuaries released notes from its March 2019 meeting with representatives of the U.S. Department of Treasury, the Pension Benefit Guaranty Corporation (PBGC), and the Department of Labor (DOL) pertaining to applications by plans in critical and declining status to suspend benefits or partition liabilities as permitted under the Multiemployer Pension Reform Act of 2014, withdrawal liability, mergers and transfers, and possible multiemployer pension reform legislation. (September 06, 2019)
The Life Illustrations Work Group submitted a comment letter to the NAIC IUL Illustration (A) Subgroup providing answers to questions on the illustrations of Indexed Universal Life products under AG 49. (September 04, 2019)
Health Solvency Subcommittee comments to the NAIC Health Risk-Based Capital (HRBC) Working Group in response to the HRBC Working Group comment letters received on the exposure of the Draft Bond Structure and Instructions. (September 04, 2019)
Courtesy and Cooperation—The courtesies actuaries extend to one another as professionals are an important element of the cooperation laid out in Precept 10 of the Code of Professional Conduct. (Actuarial Update, August 2019) (August 30, 2019)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 30, 2019)
The August Actuarial Update includes a wrapup of the Academy’s presentations at the NAIC Summer National Meeting in New York City. Also in the issue, Academy representatives attended the International Association of Black Actuaries’ annual meeting; an Academy-organized panel presented on climate indexes at an American Statistical Association meeting; and the “Professionalism Counts” column looks at Precept 10 and “Courtesy and Cooperation.” (August 30, 2019)
Members of the LTC Reform Subcommittee submitted comments following their discussion with the Federal Interagency Task Force on Long-Term Care Insurance (LTCI) earlier this year. These comments reiterate and expand on their original discussion including addressing regulatory hurdles to innovation. (August 30, 2019)
The Long-Term Care Valuation Work Group presented updates on the mortality and lapse tables development (August 28, 2019)
The Group Life Waiver Valuation Table Work Group updated the Health Actuarial Task Force of the National Association of Insurance Commissioners on group life waiver of premium mortality and recovery tables development. (August 27, 2019)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 23, 2019)
The summer issue of The Retirement Report includes a Q&A with Jason Russell, chairperson of the Multiemployer Plans Committee, on highlights of the Academy’s recent multiemployer plan briefings on Capitol Hill and related issues. Also in the issue, more coverage of the multiemployer briefings, a Capitol Forum webinar looks at national retirement policy, a pension webinar on return expectations, and recent legislative and regulatory activity. (August 23, 2019)
Steve Jackson, Academy assistant director for research (public policy), presented an overview of the Academy’s research initiative—its goals, infrastructure, and projects—at the Actuarial Research Conference in Indianapolis. (August 15, 2019)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (August 16, 2019)
The August HealthCheck covers updates the Academy made at the NAIC Summer 2019 National Meeting; comments on the proposed actuarial standard of practice, Setting Assumptions; and legislative and regulatory activity that may affect health actuaries’ work. (August 14, 2019)