The Life Valuation Committee released a white paper, Pre-Tax vs. Post-Tax Maintenance Reserves in Stochastic Principle-Based Reserves. The paper discusses considerations of using various interest maintenance reserves in VM-22 applications.

A new issue brief released by the Health Equity Committee provides an overview of issues related to designing health benefits to improve health equity. These issues were discussed in the first of a series of workshops with stakeholders and decision-makers focusing on changing cost-sharing features, such as through value-based insurance design (VBID), as well as adding benefits to address health-related social needs.

With four actuarial standards of practice open for comment and another expected later this summer, now is a good time for a reminder that your participation in the standards-setting process is invaluable to the Actuarial Standards Board and to the profession as a whole.