Academy Resources

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Issue Brief

Pension Committee Publishes Issue Brief on Church-Sponsored Retirement Plans

The Pension Committee released an issue brief, Church-Sponsored Retirement Plans—Overview and Considerations. This issue brief discusses the broad range of church plans and practices. Among other… Download
Topics: Retirement
Date Published: 01/24/2024

Intersector Group Releases September Meeting Notes

The collaborative U.S.-based actuarial organizations’ Intersector Group released notes from its September meetings with the Pension Benefit Guaranty Corporation and the IRS and U.S. Department of… Download
Topics: Retirement
Date Published: 11/16/2023
Policy Paper

Committee Releases Issue Paper on Social Security and Financially Disadvantaged Groups

The Social Security Committee released an issue paper, Social Security and Financially Disadvantaged Groups, focusing on how benefits received by different groups are shaped by features of the… Download
Issue Brief

Issue Brief: Reforming Social Security Sooner Rather Than Later

Social Security’s combined trust fund reserves are projected to become depleted around 2034,1 at which time its income would be able to pay only 80% of the benefits scheduled for its 80 million… Download
Date Published: 10/31/2023
Issue Brief

Issue Brief: Reforming Social Security Sooner Rather Than Later

Social Security’s combined trust fund reserves are projected to become depleted around 2034,1 at which time its income would be able to pay only 80% of the benefits scheduled for its 80 million… Download
Date Published: 10/31/2023

Issue Brief on Social Security Notes That Time Is of the Essence

The Social Security Committee released an issue brief, Reforming Social Security Sooner Rather Than Later, which notes that earlier reform action would allow for tax increases and benefit reductions… Download
Date Published: 10/30/2023

Senior Health Fellow Cori Uccello Receives Wynn Award from CCA

Academy Senior Health Fellow Cori Uccello received the prestigious Wynn Kent Public Communication Award from the Conference of Consulting Actuaries (CCA) at CCA’s Annual Meeting. In remarks… Download
Date Published: 10/16/2023
Comment / Letter

Committee Comments on Secure 2.0 Reporting and Disclosure

The Pension Committee submitted comments in response to the Department of Labor (DOL) Employee Benefits Security Administration’s (EBSA) Request for Information on a number of SECURE 2.0 provisions… Download
Date Published: 10/10/2023

Committee Publishes Issue Brief on Social Security Assumptions

The Social Security Committee released an issue brief, Assumptions Used to Evaluate Social Security’s Financial Condition. The issue brief describes the assumptions that must be made in any… Download
Date Published: 09/21/2023
Issue Brief

Issue Brief on Social Security Assumptions

The Social Security Committee released an issue brief, Assumptions Used to Evaluate Social Security’s Financial Condition. The issue brief describes the assumptions that must be made in any… Download
Date Published: 09/21/2023
Issue Brief

Issue Brief Looks at Pension Plan Design Enhancements

The Pension Committee released an issue brief, Enhancing Retirement Security Through Changes in Plan Design and Related Requirements, that examines modifications to defined benefit (DB) plans that… Download
Topics: Retirement
Date Published: 09/14/2023

Issue Brief Examines Gender Expansive Data

An issue brief released by the Pension Committee, Valuing Gender Expansive Data, examines issues pension actuaries may consider when performing an actuarial valuation using sex/gender expansive… Download
Topics: Retirement
Date Published: 08/14/2023
Issue Brief

Valuing Gender Expansive Data Issue Brief

Pension Committee issue brief examining issues pension actuaries may consider when performing an actuarial valuation using sex/gender expansive data—data on sex/gender that is either missing or… Download
Topics: Retirement
Date Published: 08/14/2023
Issue Brief

Committee Releases Buy-Out Group Annuity Purchase Primer Issue Brief

The Pension Committee released an issue brief focusing on “buy-out” annuity contract transactions, one of the ways pension plan sponsors transfer pension payment responsibilities and associated… Download
Topics: Retirement
Date Published: 07/07/2023
Issue Brief

Buy-Out Group Annuity Purchase Primer

Pension Committee issue brief on pension plan sponsor role and considerations regarding “buy-out” annuity contract transactions.   Download
Topics: Retirement
Date Published: 07/07/2023
Issue Brief

Experience-Sharing Lifetime Income Issue Brief

Issue brief authored by the Lifetime Income Joint Risk Committee considering Experience-Sharing Lifetime Income (ESLI), a retirement income approach that shares features of both lifetime annuities… Download
Date Published: 06/28/2023

Committee Releases Issue Brief on ESLI

The Lifetime Income Joint Risk Committee released Experience-Sharing Lifetime Income (ESLI), an issue brief considering a retirement income concept now being used in many other countries, which… Download
Date Published: 06/28/2023

Committee Releases Revised Practice Note on Selecting and Documenting Other Pension Assumptions

The Pension Committee released a practice note, Selecting and Documenting Pension Assumptions Other Than Discount Rate, Investment Return, and Mortality, updating a 2009 practice note, revised to… Download
Date Published: 06/21/2023
Practice Note

Selecting and Documenting Pension Assumptions Other Than Discount Rate, Investment Return, and Mortality

Pension Committee practice note, , updating a 2009 practice note, revised to reflect updated actuarial standards of practice (ASOPs), including changes in ASOP Nos. 27 and 35 that are effective for… Download
Date Published: 06/21/2023

Committees Submit Comments on Exposure Draft of ASOP No. 27 and Repeal of ASOP No. 35

The Pension Committee, Multiemployer Plans Committee, and Public Plans Committee submitted comments to the Actuarial Standards Board regarding the exposure draft of the proposed revision of… Download
Date Published: 06/16/2023
Comment / Letter

Comments from Committees on Exposure Draft of Proposed Revision of ASOP No. 27 and Repeal of ASOP No. 35

Comments from the Pension Committee, Multiemployer Plans Committee, and Public Plans Committee to the Actuarial Standards Board regarding the exposure draft of the proposed revision of Actuarial… Download
Date Published: 06/16/2023

Committee Releases One-pager on 2023 Social Security Trustees Report

The Social Security Committee released Highlights from the 2023 Social Security Trustees Report, a one-pager detailing the latest annual report on the current and projected financial status of the… Download
Date Published: 04/27/2023

Social Security Committee One-pager: Highlights from the 2023 Social Security Trustees Report

Social Security Committee one-pager on the 2023 Annual Report Of The Board Of Trustees Of The Federal Old-Age And Survivors Insurance And Federal Disability Insurance Trust Funds.   Download
Date Published: 04/25/2023

Committee Offers Congress Newly Released Social Security Challenge Web Simulation to Support Public Dialogue

The Social Security Committee submitted an open letter to Congress introducing the Social Security Challenge, a web-based interactive simulation intended to inform, stimulate, and advance the public… Download
Date Published: 04/05/2023

Committee Open Letter to Congress on Social Security Challenge and Urgency of Reform to Protect Americans

Social Security Committee open letter to Congress introducing the Social Security Challenge, an interactive reform simulation to support the public dialogue on Social Security solvency.   Download
Date Published: 04/05/2023