PUBLIC POLICY STATEMENTS (PRACTICE NOTES)

April 2, 2019
Exposure Draft of the PBR Review Procedures Work Group practice note on risk-focused examinations. Comments are due to the Academy by July 1, 2019.
February 27, 2019
Pension Practice Council practice note providing information on current and emerging practices in the selection of investment return assumptions based on anticipated future experience. 
February 27, 2019
Pension Practice Council practice note providing information on current and emerging practices in the selection of investment return assumptions based on anticipated future experience. 
February 22, 2019
Pension Committee practice note discussing the valuation of lump sum benefits for financial accounting purposes. 
February 22, 2019
Pension Committee practice note discussing the valuation of lump sum benefits for financial accounting purposes. 
February 15, 2019
Life Illustrations Work Group practice note assisting actuaries in performing professional services in compliance with ASOP No. 24 and providing information to actuaries on current or emerging practices. This practice note has been updated to reflect implication from the 2017 passage of the Tax Cuts and Jobs Act. 
January 31, 2019
Exposure draft of practice note to provide a source of information to practicing long-term care (LTC) actuaries seeking to better understand the considerations in evaluating experience, setting assumptions, valuation, and financial reporting.
January 31, 2019
Exposure draft of practice note to provide a source of information to practicing long-term care (LTC) actuaries seeking to better understand the considerations in evaluating experience, setting assumptions, valuation, and financial reporting.
January 29, 2019
PBR Assumptions Resource Manual Work Group sample framework for setting, updating, and governing life insurance assumptions for Principle-Based Reserving and other valuation frameworks. 
January 17, 2019
Life Principle-Based Approach Practice Note Work Group update of the 2017 VM-20 Practice Note to reflect emerging practices and changes to the Valuation Manual since the version effective for 12/31/2018 valuations. 
January 16, 2019
Committee on Property and Liability Financial Reporting Statements of Actuarial Opinion on P/C Loss Reserves practice note.
January 16, 2019
Committee on Property and Liability Financial Reporting Statements of Actuarial Opinion on P/C Loss Reserves practice note.
September 24, 2018
Pension Committee practice note covering topics related to the implementation of the spot rate approach to determining benefit obligations, service cost, and interest cost under accounting standards and other granular approaches.
September 24, 2018
Pension Committee practice note covering topics related to the implementation of the spot rate approach to determining benefit obligations, service cost, and interest cost under accounting standards and other granular approaches.
September 21, 2018
Pension Committee exposure draft of practice note on current and emerging practices in the development of liabilities and cost estimates for pension plans with benefits paid as a lump sum. The comment deadline for this exposure draft is November 15, 2018. 
September 21, 2018
Pension Committee exposure draft of practice note on current and emerging practices in the development of liabilities and cost estimates for pension plans with benefits paid as a lump sum. The comment deadline for this exposure draft is November 15, 2018. 
April 24, 2018
Committee on Property & Liability Financial Reporting practice note on retained risk.
April 24, 2018
Committee on Property & Liability Financial Reporting practice note on retained risk.
March 12, 2018
Group Long-Term Disability Practice Note Work Group on some of the current practices used by health actuaries in the United States for determining actuarial reserves and liabilities for Group Long-Term Disability Income business.
March 12, 2018
Group Long-Term Disability Practice Note Work Group on some of the current practices used by health actuaries in the United States for determining actuarial reserves and liabilities for Group Long-Term Disability Income business.