Committee Releases Issue Brief on Potential for Changing Roles of Employers in Retirement Programs
The Retirement System Assessment and Policy Committee released an issue brief, Retirement Policy: Potential for Changing Roles of Employers in Retirement Programs, which considers aspects of “decoupling”—shifting retirement plan responsibilities and related liability to a third-party entity and away from employers.
COPLFR Updated Comment Letter to the NAIC Blanks (E) Working Group
The Committee on Property and Liability Financial Reporting (COPLFR) sent an updated version of its comment letter to the National Association of Insurance Commissioners (NAIC) Blanks Working Group on proposed changes to P/C annual statements. Many of the Committee’s previous comments stand unchanged but were edited in response to the modified exposure draft.
Committees Submit Comments on Third Exposure Draft of ASOP No. 4
The Pension Committee, Multiemployer Plans Committee, and Public Plans Committee submitted comments to the Actuarial Standards Board regarding the third exposure draft of Actuarial Standard of Practice No. 4, Measuring Pension Obligations and Determining Pension Costs or Contributions.
This Week: Deadlines Today--Early Registration for Annual Meeting & Public Policy Forum and P/C Loss Seminar; Professionalism Webinar Set for November
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.
Committee Releases Issue Brief on Degrees of Risk Sharing in New Retirement Plan Designs
The Retirement System Assessment and Policy Committee published an issue brief examining issues pertaining to newer and novel plan designs as they relate to risk sharing between plan sponsors and participants.
The Summer/Fall issue of The Retirement Report looks at multiemployer plan issues that arose as part of the American Rescue Plan Act and the PPC’s August webinar on those issues, with a Q&A featuring several members of the Multiemployer Plans Committee. Also in the issue, a preview of the Annual Meeting and Public Policy Forum’s pension sessions, the new issue brief, The 80% Pension Funding Myth, Sherry Chan is set to become the Academy’s next pension vice president, and recent state and federal legislative and regulatory activity.