The April issue of Actuarial Update features the Academy’s slate of officer nominations, led by Stephen Alpert, selected by the Nominating Committee to be the nominee for president-elect.
Committee Submits Comments to IRS on Nondiscrimination Regulations
The Pension Committee submitted comments to the Internal Revenue Service regarding the proposed regulations for nondiscrimination relief for closed defined benefit plans.
For each nominee, please describe past Academy service, demonstrated leadership, or other qualities that qualify this person to serve as an Academy Regular Director. You can make up to three nominations with the form below. For more information on the Nominating process, please review the Nominating Committee Guidelines. Fields with the red asterisk [*] are required.
Subcommittee Submits Comments to Maryland Insurance Commissioner on LTC
The LTC Reform Subcommittee submitted a comment letter to the Maryland Insurance Administration Public Hearing on Long-Term Care Insurance.
Council Sends Comments on Use of Personal Discount Rates to Calculate Lump Sums
The Pension Practice Council submitted comments to the Department of Defense regarding the use of personal discount rates to calculate lump-sum payments from military pensions as required in the National Defense Authorization Act for Fiscal Year 2016.
Life Reserves Work Group (LRWG) submitted comments to the NAIC’s Life Actuarial Task Force (LATF) on currently exposed amendment proposal forms on term and universal life insurance with secondary guarantees.
LRWG Submits Comments to LATF on Net Premium Reserves
Life Reserves Work Group (LRWG) submitted comments to the NAIC’s Life Actuarial Task Force (LATF) on currently exposed amendment proposal forms on net premium reserves.
Work Group Submits Comments to LATF on Statutory Valuation Interest Rates
The SVL Interest Rate Modernization Work Group submitted comments to the NAIC's VM-22 Subgroup of the Life Actuarial Task Force (LATF) on questions and answers in response to statutory regulations regarding the determination of statutory valuation interest rates.
Casualty Council Sends Letter to U.S. House on Flood Insurance
The Casualty Practice Council and the P/C Extreme Events Committee sent a letter to members of the U.S. House of Representatives commenting on HR 2901, The Flood Insurance Market Parity and Modernization Act, concerning expansion of the role of private insurers in the flood insurance marketplace.
