From the Newsroom

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…
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…
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…
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…
Date Published: 01/14/2013
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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…
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…
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…
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…
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…
Date Published: 05/12/2011
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Quantifying Risk Exposures for ORSA Reports

ERM/ORSA Committee presentation at the ERM Symposium in New Orleans on the committee’s 2016 practice note, Quantifying Risk Exposures for Own Risk and Solvency Assessment Reports. 
Date Published: 04/21/2017
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Comments on Asset Treatment for Stand-Alone LTC Asset Adequacy Analysis

Health Financial Reporting and Solvency Committee comments to the Long-Term Care Valuation (B) Subgroup on asset treatment for stand-alone LTC asset adequacy analysis.
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GASB 74 Implementation Work Group comments on the GASB 74 implementation guide exposure draft that addresses financial reporting for postemployment benefit plans other than pension plans.
Date Published: 12/19/2016
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P/C and Health Group Comments on Operational Risk Factor

Joint Property and Casualty Risk-Based Capital Committee and Health Solvency Subcommittee letter to the NAIC’s Operational Risk Subgroup on proposed changes to the operational risk factor in…
Date Published: 12/19/2016
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Committee Comments on NAIC Form F Guidance Manual Exposure Draft

ERM/ORSA Committee comments to the NAIC’s Group Solvency Issues (E) Working Group on the Form F Guidance Manual exposure draft.  
Date Published: 12/05/2016
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Academy Testimony at Congressional Hearing on Long-Term Care

Laurel Kastrup, chairperson of the Academy’s Health Financial Reporting and Solvency Committee, testimony at a U.S. House Subcommittee on Government Operations hearing on the federal long-term…
Date Published: 11/30/2016
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Comments on NAIC Staff Memo on Group Capital Calculation

Solvency Committee comments to the NAIC’s Group Capital Calculation (E) Working Group on its NAIC Staff Memo – Inventory Method Items with Questions exposure draft.  
Date Published: 10/24/2016
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Comments to IAIS on Risk-Based Global ICS Consultation Document

Solvency Committee comments to the International Association of Insurance Supervisors (IAIS) on the Risk-based Global Insurance Capital Standard Version 1.0 public consultation document dated July…
Date Published: 10/19/2016
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NAIC Report

Report on Proposed 2016 Cancer Claim Cost Valuation Tables

Cancer Claims Cost Tables Work Group report on developing a new set of valuation tables for use with cancer insurance policies in order to aid actuaries with their pricing and reviewing product…
Date Published: 08/25/2016
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NAIC Report

Report on RBC Risk Factors for Medicare Part D Coverage

Medicare Part D RBC Subgroup report recommending RBC risk factors for Medicare Part D coverage based on analysis of detailed carrier experience, which follows up on an initial report released in…
Date Published: 08/24/2016
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