Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

758 Matching News Items

1.  American Academy of Actuaries Comment Letter to PBGC on Proposed Regs for Valuation Assumptions and Methods (PDF)
American Academy of Actuaries Link to more items from this source
Oct. 18, 2023
"The proposed methodology [for measuring pension liabilities for single employer plans] represents a significant improvement over the current methodology ... The Committees believe that the use of the prior month-end pricing basis for valuation dates during the following month is reasonable ... The Committees agree that a simplified expense assumption is a good idea but would note that the expense level implied by deferred annuity contracts is typically higher than for immediate contracts."
2.  American Academy of Actuaries Submission to ERISA Advisory Council for DOL Consultation on Interpretive Bulletin 95-1 (PDF)
American Academy of Actuaries Link to more items from this source
July 17, 2023
28 pages. "[This submission includes:] [1] Materials ... outlining the state insurance regulations applicable to life insurance companies operating in the United States. The materials focus on the regulatory framework governing solvency requirements, including the establishment of liabilities and required capital for benefit obligations that are the result of a pension risk transfer. [2] An issue brief authored by the Pension Committee of the American Academy of Actuaries focusing on 'buy-out' annuity contract transactions."
3.  American Academy of Actuaries Comment Letter to HHS Re Proposed Regs for Short-Term, Limited-Duration Insurance (PDF)
American Academy of Actuaries Link to more items from this source
Sept. 11, 2023
"[H]ealth needs may exceed the scope of major medical coverage.... [The] segmentation of health coverage (into major medical coverage, short-term coverage, critical illness coverage, etc.) helps the market address the full scope of consumer coverage needs while maintaining actuarially appropriate risk pools.... To ensure market stability, regulators should consider this balance when approving overlapping coverages that compete for the same consumers."
4.  The Enrolled Actuaries Report of the American Academy of Actuaries -- Fall 2005 Edition (PDF)
American Academy of Actuaries Link to more items from this source
Sept. 14, 2005
8 pages. Excerpt: The Enrolled Actuaries Report is a quarterly Academy newsletter that focuses on the concerns of pension actuaries. The EAR covers federal legislation and regulations that affect pension actuaries, the Academy's work to advance sound pension policy, and related topics.
5.  American Academy of Actuaries Calls for Social Security Decisions (PDF)
American Academy of Actuaries Link to more items from this source
Apr. 14, 2003
1 page; press release. Excerpt: The American Academy of Actuaries today gave an actuarial analysis of the 2003 Social Security Trustees Report. Members of the Academy's Committee on Social Insurance reported that the viability of the system could be extended if decisions are soon made to reinforce the trust fund. But they warned that inaction could have severe consequences on the nation's safety net for retirees.
6.  American Academy of Actuaries Comment Letter to FASB on Valuation Guidance for Financial Reporting (PDF)
American Academy of Actuaries Link to more items from this source
Apr. 18, 2007
"On behalf of the American Academy of Actuaries (Academy) Financial Reporting Committee and the Actuarial Standards Board (ASB), we appreciate the opportunity to provide this joint comment on the FASB's consideration of whether there is a need for Valuation Guidance for Financial Reporting and how such a need might be filled."
7.  American Academy of Actuaries Responds to N.Y. Times Coverage of Blue Collar Mortality Issue (PDF)
American Academy of Actuaries Link to more items from this source
May 7, 2003
1 page. Excerpt: In your article 'House Considers Measure to Cut Billions in Pension Obligations' on May 6, you noted that the proposed Portman-Cardin pension bill includes a provision for a 'blue collar' mortality table that was derived from work by members of the American Academy of Actuaries and the Society of Actuaries. Your readers should know that neither organization was consulted in the drafting of that provision.
8.  American Academy of Actuaries Comment Letter to International Public Sector Accounting Standards Board on Additional to Time to Review Exposure Draft 31 (PDF)
American Academy of Actuaries Link to more items from this source
Mar. 30, 2007
"The American Academy of Actuaries Public Plans Task Force agrees with the International Association of Actuaries (IAA) and other organizations who have commented that more time is needed to review the IPSASB Exposure Draft (ED) 31, Employee Benefits, which would apply the principles of IAS 19 to public pension plans/schemes."
9.  American Academy of Actuaries' Response to NYT Article, 'Actuaries Scrutinized on Pensions' (PDF)
American Academy of Actuaries Link to more items from this source
May 27, 2008
1 page. Excerpt: The American Academy of Actuaries, an association of 16,000 U.S. actuaries, recognizes the importance of the issues raised by Mary Williams Walsh in her May 21 article, 'Actuaries Scrutinized on Pensions.'
10.  American Academy of Actuaries Affirms Concerns Set Forth by Actuaries in Official Report of Medicare's Financial Condition (PDF)
American Academy of Actuaries Link to more items from this source
May 22, 2012
"Because Medicare plays a critically important role in ensuring that older and certain disabled Americans have access to health care, the American Academy of Actuaries' Medicare Steering Committee urges action to restore the long-term solvency and financial sustainability of the program. The sooner such corrective measures are enacted, the more flexible the approach and the more gradual the implementation can be. Failure to act now will necessitate far more drastic actions later."
11.  American Academy of Actuaries Statement on Supreme Court ACA Ruling
American Academy of Actuaries Link to more items from this source
June 28, 2012
"The American Academy of Actuaries today called the U.S. Supreme Court's ruling to keep the Affordable Care Act largely intact a step toward ensuring that health insurance markets attract a broad cross section of risk, a cornerstone to any viable health insurance market. 'Given the provisions in the law that prohibit insurers from denying coverage or charging higher premiums to people in poor health, the individual mandate can now be an important component of the law to help reduce adverse selection,' said Academy Senior Health Fellow Cori Uccello."
12.  American Academy of Actuaries Comments on Proposed Revision of Actuarial Standard of Practice on Selection of Economic Assumptions for Measuring Pension Obligations (PDF)
American Academy of Actuaries Link to more items from this source
May 10, 2011
"The Pension Committee of the American Academy of Actuaries [provides] comments on the Actuarial Standards Board's proposed revision of ASOP No. 27[.]"
13.  American Academy of Actuaries' Comments on Proposed Revision of Actuarial Standard of Practice (ASOP) No. 35 (PDF)
American Academy of Actuaries Link to more items from this source
Apr. 5, 2010
Excerpt: The Pension Committee of the American Academy of Actuaries appreciates the opportunity to provide comment on the Actuarial Standards Board's (ASB) revision of ASOP No. 35, Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations.
14.  American Academy of Actuaries Comment Letter to IRS, Requesting Clarification of Proposed Regulations Governing the Performance of Actuarial Services Under ERISA (PDF)
American Academy of Actuaries Link to more items from this source
Nov. 24, 2009
Excerpt: The Academy's Pension Committee comments to the Joint Board in response to proposed regulations governing the performance of actuarial services under the Employee Retirement Income Security Act of 1974 (ERISA).
15.  American Academy of Actuaries Comment Letter to SEC on Registration of Municipal Advisors (PDF)
American Academy of Actuaries Link to more items from this source
June 23, 2011
"We request that public pension plans be excluded from the definition of 'investment strategies' and that enrolled actuaries and members of the five U.S.-based actuarial organizations that have adopted the actuarialCode of Professional Conduct (including the Academy) be excluded from the definition of 'municipal advisors' to the extent they are providing actuarial services that are governed by the Actuarial Standards of Practice and the Code of Professional Conduct."
16.  American Academy of Actuaries Comments on Exposure Drafts of Proposed Revisions to ASOP Nos. 4, 27 and 35 (PDF)
American Academy of Actuaries Link to more items from this source
July 31, 2018
19 pages. "The proposed revisions to ASOP Nos. 4, 27, and 35 may require substantial effort to implement.... We believe is better to fully reflect assumption changes when the actuary deems those changes appropriate, and consider use of an output smoothing mechanism if needed to manage cost or contribution levels.... [We] are concerned that actuaries may not notice all of the changes and suggest that a version that tracks all of the changes be posted for use by the US actuarial profession ... We support the change to the requirement of Section 4.1.2 of ASOP Nos. 27 and 35 regarding the rationale for actuarial assumptions selected by the actuary."
17.  American Academy of Actuaries Comments on Proposed ASOP on Assessment and Disclosure of Risk Associated with Measuring Pension Obligations and Determining Pension Plan Contributions (PDF)
American Academy of Actuaries Link to more items from this source
June 1, 2015
"Rather than prescribe a detailed risk assessment process, the ASOP should clarify that the actuary should be able to focus on a few representative risks. For such representative risks, possibly in combination, the actuary might illustrate the volatility of future contributions, and possible trends in plan solvency levels. Actuarial judgment (which includes the actuary's assessment of the Principal's needs) should be used to determine whether the risk assessment should be made by assuming these events occur at the valuation date or whether longer periods of time should be use."
18.  American Academy of Actuaries Comment Letter to Actuarial Standards Board on ASOPs Pertaining to Public Pension Plan Funding (PDF)
Public Plans Subcommittee, American Academy of Actuaries Link to more items from this source
Nov. 18, 2014
"[A]dditional guidance or disclosure requirements could provide support to actuaries who make appropriate comments or disclosures when the plan or plan sponsor actions may not be consistent with the actuaries' recommendations.... With the new GASB standards, the determination of an appropriate actuarially determined contribution has become of greater importance for public plans and some additional guidance could be helpful ... [To] maintain the consistency of standards applicable to all pension actuaries, any new guidance should not be limited to a sub category based solely on the nature of the plan sponsor."
19.  Pension Committee of the American Academy of Actuaries Comment Letter to Actuarial Standards Board on Proposed Revision of ASOP No. 35 (PDF)
American Academy of Actuaries Link to more items from this source
Feb. 2, 2014
"The language [of Sections 2.6 and 2.7] regarding a Prescribed Method may be confusing to some actuaries.... Section 3.1 ... should state that an actuary is very often able to identify two or more reasonable assumptions... It is not clear why the language [of Section 3.5.1 and 3.5.2] was changed from 'the actuary should establish an appropriate balance between refined methodology and materiality' to 'the actuary should consider the balance between refined assumptions and materiality'... Section 4.4 ... should include a statement that the Principal is the party that determines what is confidential or what the actuary may disclose[.]"
20.  American Academy of Actuaries Comment Letter to NAIC on Defining 'Actuarial Value' Under the ACA (PDF)
American Academy of Actuaries Link to more items from this source
Apr. 9, 2013
"'Actuarial value' measures the relative generosity of benefits covered by a health insurance plan. Under the ACA, a health insurance plan's actuarial value indicates the average share of medical spending that is paid by the plan, as opposed to being paid out of pocket by the consumer.... Catastrophic plans are not required to meet actuarial value targets, except that they must have actuarial values below those of the bronze tier (60 percent)."
   Next »

Your Search Options

  • If you have selected the Any Word radio button, above:

    Enter a single word, or as many words as you'd like (perhaps some synonyms). An item will match if it contains any one of the words.

    If you enter several words, the search engine will determine which words are the most important. So you can enter a question. Or you can paste an excerpt of several paragraphs from an article on another website to find similar news items on BenefitsLink.

  • If you have selected the All Words radio button, above:

    Enter several words. An item will match only if it contain every one of the words.

  • If you have selected the Advanced radio button, above:

    Certain words and punctuation take on special meanings—

    • Quotation marks can be used to require an exact phrase, such as
      "standard of review"
    • The words AND, OR and NOT become logic operators, which are especially powerful when used with parentheses, such as
      (vested OR vesting OR lifetime) AND (retiree OR retirement) AND (health OR healthcare) AND (benefits OR coverage)
© 2024 BenefitsLink.com, Inc.