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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, provides some examples of CDC plans that exist in various countries, discusses some advantages and criticisms of CDC plans—and considers possible options to address the criticisms.
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This Week, September 16 - 20, 2024

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Keeping you in the know—the latest news from the Academy

PCCEF Releases Issue Brief on Insurance Fraud

The P/C Committee on Equity and Fairness (PCCEF) released an issue brief, Insurance Fraud: Impacts on Premiums, Claim Costs, and the Public. The brief discusses regulatory actions to prevent and report fraud and approaches actuaries can take to quantify the damage fraud causes.

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Scheduled Maintenance Notification

Our membership software hosting server will undergo maintenance this weekend—from 9 a.m. to 6 p.m. EDT Saturday, Oct. 19. Member-related functions will be disabled during this time.

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RSVP for the Academy's Luncheon Educational Session at CAS

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Welcome! If you are attending the upcoming Casualty Actuarial Society (CAS) Annual Meeting and not currently a member of the American Academy of Actuaries, we invite you to register for the Academy’s Nov. 4 luncheon taking place at the meeting.

Actuarial Professionalism Considerations for Generative AI

The Committee on Professional Responsibility (COPR) released a professionalism discussion paper, Actuarial Professionalism Considerations for Generative AI. The paper describes the use and professionalism considerations for actuaries using generative artificial intelligence (GenAI) to provide actuarial services.

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Issue Paper Examines 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 Social Security system—this paper discusses how immigration affects the social insurance program.

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This Week, September 9 - 13, 2024

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Keeping you in the know—the latest news from the Academy

Life Subcommittee Comments to Colorado on Proposed ACLI Regulation

The Life Underwriting and Risk Classification Subcommittee submitted additional comments to the Colorado Division of Insurance on the ACLI draft proposed quantitative testing regulation, Concerning Quantitative Testing of External Consumer Data and Information Sources, Algorithms, and Predictive Models Used for Life Insurance Underwriting for Unfairly Discriminatory Outcomes.

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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 help members compare the value of an offered buyout—a lump sum payment in exchange for some or all of their pension benefits—to the value of the lifetime benefits.

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