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Multiemployer Issues Affecting Us All

06/13/2018 - 11:30 AM – 12:45 PM CT
Credits: EA Core 1.50, CPD 1.50

Presenters cover multiemployer issues that affect many employers and millions of participants. They provide an overview of PBGC's multiemployer program, focusing on the calculation of the guarantee. They also provide an overview of PBGC insolvency projections and what happens to benefits being paid from the guarantee fund in the event of its insolvency. Presenters also review the Withdrawal Liability rules for multiemployer plans, including how Withdrawal Liability is calculated and impacts employers.

Speakers:

1. Michael John Noble - Cheiron, Inc.
2. James J. Donofrio - Pension Benefit Guaranty Corp.
3. Justin D. Clinger - Vanguard

The 2018 Blue Book and Blue Book Index are Now Available

Released at the Enrolled Actuaries Meeting starting in 1998, the "Blue Book" is a compendium of questions from actuaries and answers from the Pension Benefit Guaranty Corp. (PBGC). The 2018 Blue Book is now available, with access to the complete set of Blue Books available through the PBGC website.

The Blue Book Index is a complementary catalog of these materials, sorted by topic, to the full set of Blue Books. Click here to access the 2018 Blue Book Index through the CCA website.

Guidelines on Building a Successful Actuarial Practice

CCA Board member Rich Bailey authored “Successful Actuarial Practice in a Consulting Organization” detailing 10 guidelines to building a successful actuarial practice in a consulting firm that enables efficient delivery of financial work.

We welcome other opinions and thoughts on the subject, and encourage members to join our communities which promote sound actuarial considerations throughout the profession.  A discussion of this paper will be the subject of a soon-to-be-scheduled call by the Emerging Leaders Special Interest Group.

The comments contained in his paper 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.

Michael L. Frank Authors Paper on Healthcare Insurance Billing

CCA member Michael L. Frank authored “Did I Produce a Catastrophic Claim or Am I a Victim of Fraud?” which details his experience with healthcare insurance and possible claim billing errors.

We welcome other opinions and thoughts on the subject, and encourage members to join our communities which promote sound actuarial considerations throughout the profession.

The comments contained in his paper 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.

Get Involved With the CCA

There are a variety of ways for CCA members to participate. For more information, view our Get Involved With the CCA interactive graphic, where the responsibilities and time commitments for each opportunity are outlined.

Once you match your talents and interests, please complete the Member Engagement form.

Experienced CCA volunteers are encouraged to volunteer for the Board of Directors. To help you determine whether this is a match for your talents, consider the duties involved. Contact the CCA office at conference@ccactuaries.org for details.

Selling Health Insurance Across State Lines Subject of Paper by Lawrence Mitchell

Inspired by discussions he led on the CCA Healthcare Community, CCA Past President Lawrence Mitchell authored a paper titled "Selling Health Insurance Across State Lines" to further the conversation on the matter among actuaries and non-actuaries alike.

We welcome other opinions and thoughts on the subject, and encourage members to join our communities which promote sound actuarial considerations throughout the profession.

The comments contained in his paper 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.

Intersector Meeting Notes

Updated: October 11, 2017

Twice a year the Intersector Group meets with representatives of the U.S. Department of Treasury (Treasury Department), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) to dialogue with them on regulatory and other issues affecting pension practice. Click here to view notes from meetings with the IRS, Treasury, and PBGC on regulatory issues affecting pension practice.

Find a Consulting Actuary

The Directory of Actuarial Consultants allows you to search for a consulting actuary based on contact information, practice area (Pension, Health, Life, and Casualty), type of firm, or scope of practice.