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Longevity Risk: New International Report Highlights Significant Risks to Retirement Security Posed by Improving Longevity

WASHINGTON – There is a significant risk to consider when it comes to assuring financial security in retirement: the risk of outliving one’s assets—also known as longevity risk….
Topics: Financial Security Public Policy Retirement
Date Published: 10/23/2015
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Article

October 23: American Academy of Actuaries to Host ‘Aging Securely: An Actuarial Forum on Financial and Health Care Retirement Challenges’

 WASHINGTON – On Friday, Oct. 23, the American Academy of Actuaries will host a public policy discussion on Capitol Hill led by actuarial experts on lifetime income, long-term care, and…
Topics: Financial Security Long-Term Care Medicare / Medicaid Professionalism Public Policy Retirement Social Security
Date Published: 10/23/2015
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Article

American Academy of Actuaries to Honor Michael Boerner With Robert J. Myers Public Service Award

WASHINGTON – The American Academy of Actuaries announced that it will honor Michael Boerner, MAAA, ASA, director of the actuarial office in the financial regulation division of the Texas…
Topics: Life Insurance NAIC Principle-Based Reserving Public Policy
Date Published: 09/18/2015
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Article

American Academy of Actuaries to Honor Andrea Sweeny With Jarvis Farley Service Award

WASHINGTON – The American Academy of Actuaries will present Andrea Sweeny, MAAA, FCAS, FCA, with the 2015 Jarvis Farley Service Award during the Academy’s Annual Meeting and Public…
Topics: Benefits Financial Reporting Public Policy
Date Published: 09/18/2015
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Article

Mary Jo Hudson Elected to Academy Board as Special Director

WASHINGTON—Mary Jo Hudson, J.D., has been elected by the American Academy of Actuaries Board of Directors to fill an open special director position on the Board. Hudson, former director of…
Topics: Professionalism Public Policy
Date Published: 08/20/2015
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Article

Media Advisory: Actuaries’ Timothy Leier Available to Discuss Social Security’s Financial Condition as Program Marks 80th Anniversary

WASHINGTON, D.C. – On the occasion of the 80th anniversary of the Social Security Act of 1935, Timothy Leier, chairperson of the American Academy of Actuaries’ Social Security…
Topics: Financial Security Public Policy Retirement Social Security
Date Published: 08/13/2015
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Article

Actuaries Detail the Drivers of Health Insurance Premium Changes for 2016

WASHINGTON – Growing health care costs, the phaseout of the Affordable Care Act’s (ACA) transitional reinsurance program, and assumptions regarding the composition of the 2016 risk…
Topics: Financial Security Health Insurance Professionalism Public Policy Reinsurance
Date Published: 08/05/2015
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Article

Medicare: Actuaries Look to the Program’s Future with Medicare@50

WASHINGTON – The 50th anniversary of Medicare, enacted on July 30, 1965, with President Lyndon Johnson’s signing of the Social Security Amendments of 1965, is a significant milestone…
Topics: Benefits Financial Security Medicare / Medicaid Professionalism Public Policy Social Security
Date Published: 07/29/2015
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Article

Actuarial Experts Available to Discuss Challenges and Policy Options for Social Security, Medicare With the Release of Trustees’ Reports

The 2015 Social Security and Medicare trustees’ reports provide a detailed picture of the programs’ financial health, including financial challenges that Congress and the…
Topics: Financial Security Medicare / Medicaid Professionalism Public Policy Social Security Solvency
Date Published: 07/22/2015
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Article

Actuaries: SCOTUS Decision Upholding Subsidies Averts Significant Health Insurance Market Disruptions

WASHINGTON—The American Academy of Actuaries today said that the Supreme Court’s ruling upholding federal premium subsidies in states participating in the federally facilitated…
Topics: Financial Security Health Insurance Professionalism Public Policy
Date Published: 06/25/2015
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Related Resources

Essential Elements: Raising the Social Security Retirement Age

The Academy has released an Essential Elements paper based on the Social Security Committee’s March 2022 issue brief Raising the Social Security Retirement Age. The retirement age is a key…
Topics: Public Policy Retirement Social Security
Date Published: 03/21/2023
Policy & Research
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Practice Note

Practice Note on Modeling for Pension Actuaries

Pension Committee public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No. 56, Modeling.  
Topics: Public Policy Retirement
Date Published: 01/19/2023
Policy & Research
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Practice Note

Selecting and Documenting Mortality Assumptions for Pensions

Pension Committee public policy practice note, Selecting and Documenting Mortality Assumptions for Measuring Pension Obligations, updating a 2015 practice note, revised to reflect updated Actuarial…
Topics: Actuarial Standards Public Policy Retirement
Date Published: 01/19/2023
Policy & Research
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Practice Note

Committee Finalizes Practice Note on Modeling for Pension Actuaries

The Pension Committee updated and finalized a previously exposed draft public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No.
Topics: Public Policy Retirement
Date Published: 01/19/2023
Policy & Research
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Medicaid Managed Care State-Directed Payments

The Medicaid Committee released a public policy issue brief providing an overview of Medicaid managed care state-directed payments. The brief discusses: how these payments have evolved from…
Topics: Medicare / Medicaid Public Policy
Date Published: 09/16/2022
Policy & Research
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Issue Brief

Health Care and Health Insurance System Risk Assessment and Risk Adjustment in the Context of Health Equity

The Health Equity Committee released a public policy issue brief on health care and health insurance system risk assessment and risk adjustment in the context of health equity. Risk assessment and…
Topics: Health Equity Health Insurance Public Policy
Date Published: 08/30/2022
Policy & Research
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Issue Brief

DSAC & RETF Release Major Issue Brief on Correlation and Causation

The Data Science and Analytics Committee, in partnership with the Racial Equity Task Force, released a major issue brief, An Actuarial View of Correlation and Causation – From Interpretation to…
Topics: Data Science / Big Data Financial Reporting Public Policy Risk Management
Date Published: 07/06/2022
Policy & Research
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Issue Brief

Insurance Linked Securities and Catastrophe Bonds Issue Paper

The Academy’s Extreme Events and Property Lines Committee published a paper, Insurance Linked Securities and Catastrophe Bonds, a public policy issue paper.
Topics: Public Policy
Date Published: 06/14/2022
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Policy Paper

ILS Issue Paper Released

The Academy’s Extreme Events and Property Lines Committee published a paper, Insurance Linked Securities and Catastrophe Bonds, a public policy issue paper.
Topics: Casualty Public Policy
Date Published: 06/14/2022
Policy & Research
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Issue Brief

Work Group Releases LTC Actuarial Equivalence Public Policy Issue Brief

The Long-Term Care (LTC) Reform Subcommittee’s LTC Actuarial Equivalence Work Group released the public policy issue brief, Value of Reduced Benefit Options in Long-Term Care Insurance Rate…
Topics: Benefits Long-Term Care NAIC Public Policy
Date Published: 05/25/2022
Policy & Research
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