The Academy was cited as a source of life expectancy statistics and estimated break-even age between those who file early for Social Security and those who choose to wait. Those who live beyond the break-even age will gain more by waiting to collect benefits.
The Academy's June 2009 issue brief on value-based insurance design was featured in a cover story on the subject.
An actuarial analysis of the Community Living Assistance Services and Supports (CLASS) Act provision conducted by a joint work group of the Academy's Federal Long-Term Care Task Force and the Society of Actuaries Long-Term Care Insurance Section Council was cited and extensively discussed.
Donna Claire, who represented the Academy during a National Association of Insurance Commissioners Life Insurance and Annuities Committee conference call, said that while the Academy had some concerns, it wholeheartedly supports the passage of the Standard Valuation Law.
Letters from the Academy's Senior Pension Fellow Frank Todisco to FOX News Channel and Rep. Anthony Weiner were cited. Todisco wrote to clarify misunderstandings about the process of determining cost of living adjustments for Social Security.
The Academy's Senior Pension Fellow Frank Todisco was the special guest on an Ohio retirement planning radio show. Todisco discussed the seven sources of retirement income.
The Academy's Consumer-Driven Health Plan (CDHP) Work Group's recent study of emerging data on CDHPs was cited and discussed in op-ed.
The Academy's Social Security Game was cited.
The Academy's Consumer-Driven Health Plan (CDHP) Work Group's recent study of emerging data on CDHPs was cited in op-ed on controlling health care costs.
The Academy's Life Practice Council Vice President Tom Campbell said that the actuaries are pleased that the National Association of Insurance Commissioners Life Insurance and Annuities Committee decided to adopt revisions to the Standard Valuation Law as it is a milestone toward implementing a principle-based approach.
