Report: Social Security structure hurts women
The Academy's issue brief, Women and Social Security, was discussed. The brief reports that females are more reliant on Social Security, yet on average, receive lower benefits than males.
The Academy's issue brief, Women and Social Security, was discussed. The brief reports that females are more reliant on Social Security, yet on average, receive lower benefits than males.
The Academy was cited as a source of life expectancy data in a feature about the growth in phased retirements, which is increasing the ranks of seniors who remain in the work force.
An Academy Flood Insurance Subcommittee letter to congressional leaders was discussed. The letter identified concerns with a proposal to expand the National Flood Insurance Program.
Academy Senior Pension Fellow Ron Gebhardtsbauer discussed what to consider when deciding the age to begin collecting Social Security benefits. He said if you are going to live past 80, it's better to wait.
Academy Senior Pension Fellow Ron Gebhardtsbauer discussed retirement planning and the value of an actuarial approach to making retirement decisions.
The Academy's Senior Pension Fellow Ron Gebhardtsbauer discussed inflation risk and offered a few suggestions on how to manage this risk.
The Academy was mentioned in a jobs section feature that explored the actuarial profession.
Academy Senior Pension Fellow Ron Gebhardtsbauer was quoted. He said that a traditional pension plan generally suits older employees better than a 401(k), because of how benefits are calculated.
Academy Senior Health Fellow Cori Uccello urged the presidential candidates to start paying attention to Medicare's financial difficulties. "Candidates need to break the silence, acknowledge the problem, and begin a public dialogue that addresses the tradeoffs necessary to ensure Medicare's future," Uccello wrote. Her commentary was published during the height of primary season, which brings national attention to New Hampshire, who holds the nation's first primary.
Academy Committee on Property and Liability Financial Reporting (COPLFR) Chairperson Marc Oberholtzer wrote an article based on the committee's overview of the loss reserving process. The overview includes a sample checklist of actuarial information that might be helpful to P/C insurers' audit committees and boards of directors.