The ERM/ORSA Committee's Risk Exposures Subgroup released a practice note on quantifying risk exposures for Own Risk and Solvency Assessment (ORSA) reports.

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The Role of the Actuary Subgroup submitted comments to the NAIC's Life Actuarial Task Force (LATF) on the Consolidated ACLI and Academy Amendment Proposal Form.

The Medicare Subcommittee published an issue brief, “Medicare’s Financial Condition: Beyond Actuarial Balance,” on significant concerns about Medicare’s long-term financial health.

The summer 2016 issue of Retirement Account, released Friday, covers the launch of the Actuaries Longevity Illustrator, the Enrolled Actuaries Meeting held in April, an exposure draft of a practice note on investment return assumptions, comments submitted to the Treasury Department and IRS on 2017 applicable mortality tables, and other public policy matters.

Former Senator Christopher J. Dodd, principal sponsor of the Dodd-Frank financial reform law, will deliver the keynote address at the Academy’s Annual Meeting and Public Policy Forum on Nov.

The Pension Committee submitted a comment letter to the Pension Benefit Guarantee Corporation (PBGC) expressing appreciation for proposed regulations providing a reduction or partial waiver of the penalty due upon the late payment of premiums to the single employer and multiemployer insurance programs.