The CCA welcomes opinions and thoughts on subjects of interest to the actuarial profession, and encourages the development of papers to drive discussion between members on these issues through CCA Communities.
The comments contained in these papers, including the identification and analysis of data, is the author’s and do not necessarily reflect the views of the CCA, the CCA’s members, or any employers of CCA members, and should not be construed in any way as being endorsed by any of the aforementioned parties.
CCA welcomes submission of articles or analyses for posting on our website and discussion in our communities. If you would like an article or analysis considered, please contact Kelly Fanella.
Retirement Planning - Generating Lifetime Income, Leaving a Legacy and the Components of Net Worth throughout Retirement
Authors: Stephen R. Sacks, Peter Neuwirth, Barry H. Sacks
US Health Care in the Aftermath of the COVID-19 Pandemic
Author: Edward M. Pudlowski
Did I Produce a Catastrophic Claim or Am I a Victim of Fraud?
Author: Michael L. Frank
Actuarial Funding Policies and Practices for Public Pension Plans
Authored by: CCA Public Plans Community
CCA Comment Letters
The following comment letters were developed through and submitted by the CCA Board of Directors on behalf of the CCA.
CCA Comments on Qualification Standards Exposure Draft
Community Comment Letters
The following comment letters were developed through the coordinated efforts of members of Conference of Consulting Actuaries’ (CCA) Communities and are submitted as necessary to various entities. These comments do not necessarily reflect the views of the CCA, the CCA’s members, or any employers of CCA members, and should not be construed in any way as being endorsed by any of the aforementioned parties.
October 20, 2013
CCA Perspective on Public Policy Statements
The Conference of Consulting Actuaries (“CCA”) considers it to be prudent to have a policy in place that governs the issuance of public policy statements on behalf of the CCA in select situations.
The CCA has decided to promulgate a process to issue public policy statements in circumstances where it wishes to take a position on an issue, or to further inform the public or public bodies that have requested updated information from members of the CCA.
The CCA will issue statements only on issues that it considers to be important to consulting actuaries. The process described herein for vetting potential CCA statements is expected to limit those situations. The process applies to public policy statements made on behalf of the CCA or that could be construed as being made on behalf of the CCA. For purposes of this document, a “public policy statement” means any communication that is issued to parties outside of the CCA and its membership, or that is reasonably expected to be picked up by outside parties, that contains statements or positions involving actuarial concepts or other concepts that relate to the expertise of consulting actuaries of interest to the general public or other interested parties. Interested parties include, for example, regulators, legislators, government bodies, financial institutions, and the media.
However, a communication that would otherwise be considered a public policy statement but contains an appropriate attribution and disclaimer statement shall not be subject to the procedures set forth in this document, but would be subject to review and approval by the CCA Executive Committee or Board. The attribution/ disclaimer would need to identify the committee, task force, or individuals who prepared and endorse the contents of the communication together with a statement that the views expressed should not be construed as being endorsed by the CCA. (For example: The attached comments were developed through the coordinated efforts of members of the Conference of Consulting Actuaries’ (CCA) Public Plans Committee and are being submitted to the GASB by the Steering Committee of the CCA Public Plans Committee. However, these comments do not necessarily reflect the views of the CCA, the CCA’s members, or any employers of CCA members, and should not be construed in any way as being endorsed by any of the aforementioned parties.)