Actuarial Board for Counseling and Discipline:
Pension Vacancy
The ABCD has a vacancy for an experienced pension actuary who has worked with pension plans for a wide variety of employers, small and large, that contain participants with a diverse range of compensation levels. Click here for more information on the nominating criteria for ABCD membership.
Keeping you in the know—the latest news from the Academy
Life Subcommittee Comments to Colorado on Proposed ACLI Regulation
The Life Underwriting and Risk Classification Subcommittee commented to the Colorado Division of Insurance on the ACLI draft proposed quantitative testing regulation, Concerning Quantitative Testing of External Consumer Data and Information Sources, Algorithms, and Predictive Models Used for Life Insurance Underwriting for Unfairly Discriminatory Outcomes.
Keeping you in the know—the latest news from the Academy
RPC Comments to Senate HELP Committee on Self-Employed Workers
The Retirement Practice Council’s Social Security and Retirement Policy and Design Evaluation committees sent a joint comment letter to the Senate Committee on Health, Education, Labor and Pensions regarding portable benefits for self-employed workers and other individuals in nontraditional working arrangements.
The P/C Committee on Equity and Fairness sent a comment letter to the District of Columbia Department of Insurance, Securities and Banking (DISB) on the DISB’s recently released draft market conduct study, Evaluating Unintentional Bias in Private Passenger Automobile Insurance.
In recent years, the Actuarial Standards Board (ASB) approved a number of proposals to revise actuarial standards of practice (ASOPs). Now, after countless hours of dedicated work by the task forces, committees, and the ASB itself—and valuable input from many of you—final versions of these ASOPs are emerging. During the past few months, the ASB has adopted five revised ASOPs—here’s a look at them.