In the fall Enrolled Actuaries Report, you’ll meet the Academy’s new senior pension fellow and learn about recently updated standards from the Financial Accounting Standards Board and proposed standards from the Governmental Accounting Standards Board.
Actuaries Agree With HHS Concerns on CLASS Program
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The Academy released a statement in response to a new report from the Department of Health and Human Services (HHS) regarding the Community Living Assistance Services and Supports (CLASS) program.
Academy announces regular director election results
Academy President Mary Frances Miller announced that Mary Bahna-Nolan, Ken Kent, and Catherine Murphy-Barron have been elected by the members to fill open regular director positions on the Academy’s board of directors. Complete election results, including the results of two amendments to bylaws, are available in her letter to the members. See related news release.
The Academy's adverse selection concerns with the Community Living Assistance Services and Supports (CLASS) program were cited, and Academy member Steve Schoonveld provided recommendations on how to improve the program's design, including boosting the "at-work" requirements.