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Committees Present to LATF on Mortality Adjustment Factors

The Variable Annuity and Capital Subcommittee and the Society of Actuaries Individual Annuity Experience Committee presented to LATF on proposed mortality adjustment factor updates for Valuation Manual (VM)-21 SPA assumptions at the NAIC Spring National Meeting in Phoenix.

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LPC Presents to LATF at NAIC Spring Meeting

Life Policy Analyst Amanda Barry-Moilanen presented on behalf of the Life Practice Council (LPC) on current and future LPC workstreams to the National Association of Insurance Commissioners’ (NAIC) Life Actuarial (A) Task Force (LATF), as part of the NAIC Spring National Meeting in Phoenix.

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This Week, March 4 - 8, 2024

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

The Actuary's Toolbox: Peer Review—How Can It Help?

The Committee on Professional Responsibility released a new paper, The Actuary's Toolbox: Peer Review—How Can It Help? Many actuaries or employers of actuaries have developed policies and best practices for peer review to support actuarial professionalism in the performance of actuarial services. This discussion paper provides some ways for actuaries to consider peer review in the context of professionalism.

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HealthCheck, Spring 2024

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Spring 2024

Issue Brief Considers PBGC Single-Employer Premium Structure

The Pension Committee released an issue brief, Aligning the PBGC’s Single-Employer Premium Structure With Its Objectives, which discusses options for modifying the Pension Benefit Guaranty Corporation’s (PBGC) single-employer premium structure to better support the single-employer defined benefit system, while preserving a strong level of retirement security. 

Read the Academy news release. For more information, read here.

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Professionalism Counts, February 2024

The Actuarial Standards Board released an exposure draft of a proposed revision to Actuarial Standard of Practice (ASOP) No. 12, Risk Classification (for All Practice Areas). ASOP No. 12 Task Force Chairperson Brian Mullen offered insight on the proposed changes—comments are due May 1.

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Tales From the Dark Side 2023

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Submitted by DHume on February 27, 2024
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This latest iteration of our popular “Tales from the Dark Side” webinar explored examples of ethical problems based on cases and requests for guidance that have been brought before the Actuarial Board for Counseling and Discipline (ABCD).

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Darrell Knapp
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