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Article

Actuaries: 30 Years Later, It’s Time Again to Raise the Age for Full Social Security Retirement Benefits

WASHINGTON – May 23, 2013 – A generation ago, the 1983 Social Security Amendments, a bipartisan accord, was adopted to keep Social Security solvent by, among other things, raising the…
Topics: Benefits Retirement Social Security Solvency
Date Published: 05/23/2013
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Article

News Release: Actuaries Respond to President Obama’s Proposed Budget

WASHINGTON – April 11, 2013 – As policy makers debate changes to Social Security and Medicare in the 2014 federal budget proposed by President Obama, the nation’s actuaries urge them to…
Topics: Benefits Medicare / Medicaid Public Policy Retirement Social Security Solvency
Date Published: 04/11/2013
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Article

State of the Union: Opportunity to Refocus on Sustainability Reforms, Not Just Budget Cuts

WASHINGTON – Feb. 11, 2013 – When President Obama talks about avoiding sequesters and reducing federal budget deficits during his State of the Union on Tuesday night, the American…
Topics: Benefits Medicare / Medicaid Public Policy Retirement Social Security Solvency
Date Published: 02/12/2013
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Article

News Release: Long-Term Care Commission Needs Actuary

WASHINGTON – 14 Jan. 2013 – In a letter to President Obama and congressional leaders today, the American Academy of Actuaries urged the appointment of an actuary to serve on the new…
Topics: Long-Term Care Solvency
Date Published: 01/14/2013
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Article

News Release: Academy Looks at Means Testing as Means to Improve Social Security Solvency

Topics: Social Security Solvency
Date Published: 12/11/2012
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Article

American Academy of Actuaries Calls New Report on Pension Funding “Valuable Contribution” of Expertise

WASHINGTON (June 19, 2012)—The American Academy of Actuaries issued the following statement regarding a Society of Actuaries’ (SOA) report, Proposed Pension Funding Stabilization: How…
Topics: Pension Funding Retirement Solvency
Date Published: 06/19/2012
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Article

State of the Union 2012: Actuaries Identify Risks, Look to Solutions for a Financially Secure America

  WASHINGTON, Jan. 24, 2012 – The nation will watch President Obama’s address on the State of the Union tonight to hear recommendations for some of the most pressing issues facing our…
Topics: Benefits Financial Security Long-Term Care Medicare / Medicaid Professionalism Public Policy Retirement Risk Management Social Security Solvency
Date Published: 01/24/2012
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Article

Actuaries: Don’t Wait until Deficit Deal Is Reached; Now Is the Time to Address Social Security

  WASHINGTON — Sept. 23, 2011 — The American Academy of Actuaries Social Security Committee is urging policymakers to improve the long-term solvency and sustainability of Social Security. The…
Topics: Financial Security Professionalism Public Policy Retirement Social Security Solvency
Date Published: 09/23/2011
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Article

Actuaries Urge “Super Committee” to Put Medicare on the Table

  WASHINGTON — Sept. 12, 2011 — The American Academy of Actuaries Medicare Steering Committee is urging the Joint Select Committee on Deficit Reduction to develop proposals to slow health…
Topics: Financial Security Medicare / Medicaid Professionalism Public Policy Solvency
Date Published: 09/12/2011
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Article

Actuaries Set to Discuss Financial Condition of Medicare and Social Security

  What: The American Academy of Actuaries Medicare and Social Security experts will be standing by to offer an actuarial perspective after the programs’ trustees release…
Topics: Medicare / Medicaid Retirement Social Security Solvency
Date Published: 05/12/2011
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Related Resources

Comment / Letter

Subcommittee Update on Evaluation of Asset Risk in HRBC Formula

Health Solvency Subcommittee updated on the evaluation of asset risk in the health risk-based capital (HRBC) formula.
Topics: Financial Reporting Risk Management Risk-Based Capital Solvency
Date Published: 11/09/2015
Policy & Research
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Comment / Letter

Committee Comments to NAIC on ACA Risk Corridors Exposure Draft

Financial Reporting and Solvency Committee comment letter to the NAIC’s Emerging Accounting Issues (E) Working Group on the “ACA Risk Corridors Collectability” exposure draft.
Topics: Financial Reporting NAIC Risk Management Solvency
Date Published: 10/30/2015
Policy & Research
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Comments to NAIC on Group Capital Calculation Recommendation

Solvency Committee comments to the National Association of Insurance Commissioners on the Group Capital Calculation Recommendation exposure draft. 
Topics: Financial Reporting NAIC Risk Management Solvency
Date Published: 10/27/2015
Policy & Research
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Solvency Committee Congressional Testimony on Domestic Insurance Regulations

Solvency Committee written testimony for the U.S. House Financial Services Subcommittee on Housing and Insurance’s hearing on “The Impact of Domestic Regulatory Standards on the U.S. Insurance…
Topics: Financial Reporting Risk Management Solvency
Date Published: 09/29/2015
Policy & Research
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Presentation

Presentation on 99.5 Percent VaR Over One Year to NAIC

Solvency Committee presentation to the National Association of Insurance Commissioners (NAIC) on the practical implications of using a 99.5 percent Value at Risk (VaR) over a one-year time horizon…
Topics: Financial Reporting NAIC Risk Management Solvency
Date Published: 08/15/2015
Policy & Research
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Comments to NAIC on Group Capital Standards

Solvency Committee comments to the National Association of Insurance Commissioners (NAIC) on the Discussion Draft on Approaches to a Group Capital Calculation dated July 23, 2015. 
Topics: Financial Reporting NAIC Risk Management Solvency
Date Published: 08/07/2015
Policy & Research
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Comments to IAIS on Higher Loss Absorbency Proposal

Solvency Committee comments to the International Association of Insurance Supervisors (IAIS) on the Higher Loss Absorbency Capacity for Global Systemically Important Insurers (G-SIIs) public…
Topics: Financial Reporting Risk Management Solvency
Date Published: 08/06/2015
Policy & Research
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Issue Brief

Committee Issue Brief on 2015 Social Security Trustees Report

Social Security Committee issue brief on 2015 Social Security Trustees Report examining the social insurance program’s long-term solvency issues and recommending that Congress should act soon to…
Topics: Social Security Solvency
Date Published: 07/29/2015
Policy & Research
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Comment / Letter

Academy Committees Comment on PCAOB Auditor and Specialist Paper

The Financial Reporting Committee, Pension Accounting Committee, Casualty Committee on Property and Liability Financial Reporting, Health Financial Reporting and Solvency Committee, and Life…
Topics: Casualty Financial Reporting Retirement Risk Management Solvency
Date Published: 07/15/2015
Policy & Research
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Comment / Letter

Work Group Comments to NAIC on Evaluation of Asset Risk Factors

Health Solvency Work Group comment letter to the NAIC’s Investment Risk-Based Capital Working Group on the evaluation of asset risk factors for the health risk-based capital formula.
Topics: Financial Reporting NAIC Risk Management Risk-Based Capital Solvency
Date Published: 05/20/2015
Policy & Research
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