Sessions from the 2008 CCA Annual Meeting
01 - A Second Look at the Books of Color – Gray, Blue and Green
10/26/2008 - 5:00 - 7:00 PM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Core 2.50 CPD 2.50
Experienced practitioners lead a review of government responses to the Gray, Blue and Green Books. The panelists discuss the practical implications of the answers and any new information developed since the 2008 EA Meeting.
Speakers:
1.
Laurin S. Eastling
- Aon Hewitt
2.
Eric A. Keener
- Aon Hewitt
3.
Bruce Cadenhead
- Mercer
02 - General Session – Keynote Speaker: Michael Shackleford
10/27/2008 - 8:00 - 10:15 AM
Session Category: Cross Discipline - General
Credits:
Michael Shackleford, “The Wizard of Odds” is the keynote speaker. Come hear how his time as an actuary for the SSA plays into his current livelihood of writing gambling tips full-time in Vegas.
Speakers:
1.
John T. Stokesbury
- Deloitte Consulting LLP
2.
Michael Shackleford
- The Wizard of Odds Consulting
03 - Primary PPA Analysis
10/27/2008 - 10:35 - 11:50 AM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Core 1.50 CPD 1.50
PPA Update - Regulations have been flowing in with regards to AFTAP, certification, Sections 430 and 436. The panelists review the regulations as we understand them to date.
Speakers:
1.
Thomas L. Totten
- Nyhart
2.
Brian C. Donohue
- October Three LLC
3.
Stuart A. Sirkin
- Ernst & Young, LLP
4.
John Landis Dowell
- Nyhart
04 - "Pot"pourri of Prescription Drug Benefit Issues
10/27/2008 - 10:35 - 11:50 AM
Session Category: Health - Prescription Drugs
Credits:
CPD 1.50
The presenters discuss a variety of issues that impact prescription drug coverage; including: moving away from AWP, the emergence of $4 drug programs, transparency, and drugs in CDHP plans.
Speakers:
1.
Thomas S. Tomczyk
- Buck Consultants
2.
David Dross
- Mercer
3.
Nick Vasilopoulos
- Medco Health Solutions, Inc.
05 - ASOPs for Pension Actuaries
10/27/2008 - 10:35 - 11:50 AM
Session Category: Employee Benefits - Professionalism and Policy
Credits:
EA Core 1.50 CPD 1.50
The panelists discuss actuarial standards of practice generally applicable to pension work. The panelists focus on ASOPs applicable to AFTAP certifications, ASOP 23 (regarding data) and revised ASOP 4 (measuring pension obligations).
Speakers:
1.
Kenneth A. Steiner
2.
Sheila Kalkunte
- American Academy of Actuaries
3.
Lawrence J. Sher
- October Three LLC
06 - Responding to Challenges in Public Pension Plans
10/27/2008 - 10:35 - 11:50 AM
Session Category: Employee Benefits - Beyond Corporate Retirement Plans
Credits:
EA Core 0.75 EA Noncore 0.75 CPD 1.50
The speakers examine the current state of public pension plans in the US, including a discussion of the challenges and criticisms they are facing. Presenters then focus on how a disciplined review of funding policies and financial disclosures might reveal some causes and provide some solutions to those challenges.
Speakers:
1.
Ira M. Summer
- Public Pension Professionals Inc.
2.
Philip Martin McCaulay
- U.S. Dept. of Energy
3.
Stephen T. McElhaney
- Cheiron, Inc.
07 - When Two Plans Are Better Than One: Enhanced Opportunities for Small Employers for Combined DB/DC Plans
10/27/2008 - 10:35 - 11:50 AM
Session Category: Employee Benefits - Plan Design Issues
Credits:
EA Core 0.75 EA Noncore 0.75 CPD 1.50
PPA has relaxed the limitations of IRC Section 404(a)(7) regarding tax deductions for some combined plans. Come learn how small employers have added or changed plans during 2008 to produce best possible results.
Speakers:
1.
Stanley H. Tannenbaum
- The Benefit Practice
2.
Lorraine Dorsa
- DCS Retirement Group, Inc.
08 - Healthcare for Dummies (Pension Actuaries This is for You!)
10/27/2008 - 10:35 - 11:50 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
As a pension actuary, have you ever wondered what your healthcare colleagues do? The panelists help you begin to understand the ins and outs of healthcare consulting. Come prepared to ask those questions you've been dying to ask.
Speakers:
1.
Patricia A. Rotello
- Towers Watson
2.
Dale H. Yamamoto
- Red Quill Consulting
3.
Bob Walt
- Humana Inc.
09 - Where in the World is Defined Contribution Really Defined Contribution?
10/27/2008 - 10:35 - 11:50 AM
Session Category: Employee Benefits - Defined Contribution Issues
Credits:
EA Noncore 1.50 CPD 1.50
A survey of "defined contribution" plans around the world. How do they operate? Would they be considered DC in the US? Where are they popular, where are they not, and why?
Speakers:
1.
Barry S. Blecher
- Towers Watson
2.
Tamara Campbell
- Mercer
3.
Keith Barton
- Aon Hewitt
10 - It's Time to Abolish Retirement (and Here's How to Do It)
10/27/2008 - 10:35 - 11:50 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
One of the most thought provoking papers under this title is discussed and debated. Be prepared to leave this session changed. Paper originally presented at the Institute of Actuaries of Australia.
Speakers:
1.
Larry D. Keys
- Mercer
2.
Darren Wickham
- Mercer
11 - Late Breaking Developments
10/27/2008 - 2:15 - 3:30 PM
Session Category: Employee Benefits - New Rulings/Development
Credits:
EA Core 1.50 CPD 1.50
A panel of diversified professionals discuss the latest developments affecting retirement plans on the legislative, regulatory and legal fronts. Among the topics that may be covered are: PPA, 2008 legislation, guidance from the IRS, DOL, Treasury and court decisions.
Speakers:
1.
Donald J. Segal
2.
Martin Pippins
- Internal Revenue Service
3.
Ethan E. Kra
- Ethan E. Kra Actuarial Services LLC
4.
Ellen L. Kleinstuber
- The Savitz Organization
12 - "Only the Good Die Young" – Helping DC Plan Participants Manage Longevity Risk
10/27/2008 - 2:15 - 3:30 PM
Session Category: Employee Benefits - Defined Contribution Issues
Credits:
EA Noncore 1.50 CPD 1.50
As DC plans become more prominent, the possibility of outliving one’s assets becomes more real. The panelists discuss emerging solutions and products including (but not limited to) rollover, accumulation phase annuities, and (greatly) deferred annuities which address the "best case" of living a really long time.
Speakers:
1.
Laurel S. Ludden
- VALIC
2.
Peter Wheeler
- AXA Equitable
13 - Plan Design Under PPA
10/27/2008 - 2:15 - 3:30 PM
Session Category: Employee Benefits - Plan Design Issues
Credits:
EA Core 1.00 EA Noncore 0.50 CPD 1.50
For defined benefit plans, PPA introduced new funding rules, benefit restrictions and assumptions for calculating minimum lump sums, to name a few. New rules were introduced regarding conversions to hybrid plans and satisfaction of age discrimination requirements. Subsequent guidance from IRS amplified some of the new rules, and raised questions about others. What plan design changes are we seeing now or can we expect to see in the future as a result? What plan sponsor objectives are thwarted by the new rules? What objectives have been made more readily attainable?
Speakers:
1.
James F. Knopping
- Towers Watson
2.
Charles L. Commander
- Towers Watson
14 - Claim Reserving Methods: A Report from the SoA
10/27/2008 - 2:15 - 3:30 PM
Session Category: Health - General
Credits:
CPD 1.50
The project manager for the Society’s study of health claim reserving methods presents an overview of that report. A leading consultant provides his reaction. Learn how the most common IBNR methods compare for accuracy and relevance.
Speakers:
1.
Steven D. Bryson
- Lewis & Ellis, Inc.
2.
Gary A. Stanford
- Aon Hewitt
3.
Wes Campbell
- Lewis & Ellis, Inc.
15 - “You Would Know This…” and Other Cocktail Party Conversations for Actuaries
10/27/2008 - 2:15 - 3:30 PM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
Does your sister ask you for advice on her 401(k)? Do your parents want you to navigate Medicare Part D for their bridge club? Actuarial topics -- from retirement security to healthcare policy to executive pay and more -- are becoming more prevalent in the morning paper and the nightly news. Come discuss actuarial issues in everyday life and make being an actuary a conversation starter, not a conversation stopper.
Speakers:
1.
Alice Pegel Stuart
- Towers Watson
2.
John H. Lowell
- P-Solve Cassidy
3.
Stephen Parahus
- Towers Watson
16 - Accounting Update – The Quest for Transparency
10/27/2008 - 2:15 - 3:30 PM
Session Category: Employee Benefits - Accounting Issues
Credits:
EA Noncore 1.50 CPD 1.50
Momentum is building toward using International Financial Reporting Standards (IFRS) for US GAAP purposes with possible convergence by 2012. The SEC is already willing to accept IFRS statements for foreign companies with US operations. Additionally under US GAAP, we have measurement date changes for FAS 158 disclosures for fiscal years ending after December 15, 2008. The speakers provide attendees with an update on convergence and application of the accounting standards.
Speakers:
1.
Stephen N. Eisenstein
- The Newport Group
2.
Dennis M. Polisner
- KPMG LLP
17 - The Real World: ERM
10/27/2008 - 2:15 - 3:30 PM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
What happens when companies stop ignoring risk and start getting real? Enterprise Risk Management (ERM) focuses on all aspects of risk facing a company. Here is an opportunity to learn more about one of the fastest growing concepts in risk management and see how it works in practice.
Speakers:
1.
Phillip A. Merdinger
- Mercer
2.
Richard C. Michel
- Marsh Inc.
18 - What Are Health Plans Offering Retirees?
10/27/2008 - 2:15 - 3:30 PM
Session Category: Health - Retiree Medical
Credits:
CPD 1.50
Open dialogue with major national health plans and their plans for providing health insurance to the baby boomer retirees. Key issues for discussion include new initiatives for employer-sponsored plans, individual offerings to both Medicare and non-Medicare retirees and Medicare Advantage and Medicare Prescription Drug plan offerings.
Speakers:
1.
Dale H. Yamamoto
- Red Quill Consulting
2.
Thomas A. Doran
- Aetna
3.
Joseph B. Altman
- United Healthcare
4.
P. Anthony Hammond
- Humana Inc.
19 - VEBA's and the Transfer of Risk – "Why Shouldn't Everyone Do What GM Did?"
10/27/2008 - 3:50 - 5:05 PM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Noncore 1.50 CPD 1.50
VEBAs started as tax savings vehicles. They are now headlining as effective risk transfer arrangements. Find out how this works and what we've learned about operating them.
Speakers:
1.
Larry D. Keys
- Mercer
2.
Thomas S. Tomczyk
- Buck Consultants
3.
Suzanne Taranto
- Milliman Inc.
4.
Michael W. Ringuette
- Towers Watson
20 - Multiemployer Plans Session and Workshop
10/27/2008 - 3:50 - 5:05 PM
Session Category: Employee Benefits - Beyond Corporate Retirement Plans
Credits:
EA Core 1.50 CPD 1.50
Open forum to exchange information and ideas on topics of interest to actuaries who work with multiemployer pension plans. Topics of discussion may include underfunding issues, creative plan design, collective bargaining, and withdrawal liability issues.
Speakers:
1.
Raymond J. Lee
- Lee ACS
2.
Jay K. Egelberg
- First Actuarial Consulting, Inc.
21 - The Latest and Greatest in Pension Investment Strategies
10/27/2008 - 3:50 - 5:05 PM
Session Category: Employee Benefits - Investment Issues
Credits:
EA Noncore 1.50 CPD 1.50
With changes to the pension funding requirements and more accounting changes likely to occur, pension plan sponsors are continuing to look at new investment strategies to help manage the funded status volatility and/or enhance the risk/return profile of their plans. The speakers discuss hedging strategies, liability driven investments and other new alternative investments plan sponsors are implementing or are considering to do so.
Speakers:
1.
Robert O. Bacher
- ConocoPhillips
2.
Eric S. Friedman
- Mercer
3.
Gordon John Latter
- Voyageur Asset Management Inc.
22 - Give Me a (Long-Term Trend) Break! Everything You Want to Know About the SOA Trend Model But Didn’t Know Who to Ask
10/27/2008 - 3:50 - 5:05 PM
Session Category: Health - General
Credits:
CPD 1.50
The Society of Actuaries sponsored a research project to develop a long term healthcare trend model that can be used for retiree health liability projections. Auditors will likely refer to the model to review the reasonableness of retiree health trend assumptions. This session features two members of the SoA project oversight group who discuss the following:
- Description of the model;
- Practical issues in using the model;
- Strengths; and
- Weaknesses of the model.
Speakers:
1.
John J. Bauer
- Milliman Inc.
2.
Keith S. Williams
3.
Adam J. Reese
- PRM Consulting Group
23 - Controlling Mental Health Coverage Costs
10/27/2008 - 3:50 - 5:05 PM
Session Category: Health - Insurance
Credits:
CPD 1.50
The medical claims cost of addiction and mental health problems in the workplace are just the “tip of the iceberg” — actual costs are far higher, and include such costs as reduced productivity, lost time and disability income costs, worker replacement and training costs, and other impacts on coworkers and family members that are difficult or impossible to measure in simple economic terms.
The speakers discuss the social and economic aspects of addiction and mental health in the workforce. Come learn about some of the latest efforts on the part of employers and government in Canada to address these problems and see how these principles may be applied in the US.
Speakers:
1.
Joseph Ricciuti
- Towers Watson
2.
Stuart H. Alden
- Towers Watson
24 - "Help, I Need Somebody, Help, Not Just Anybody" – How to Help DC Plan Participants Achieve Success
10/27/2008 - 3:50 - 5:05 PM
Session Category: Employee Benefits - Defined Contribution Issues
Credits:
EA Noncore 1.50 CPD 1.50
A number of studies have shown that DC participants don't invest enough, invest in the wrong funds, and change investments at the wrong time. How can plan sponsors address these issues while still maintaining their fiduciary prudence?
Speakers:
1.
Thomas L. Totten
- Nyhart
2.
Jay Slusher
- Russell Investment Group
3.
Stuart A. Sirkin
- Ernst & Young, LLP
25 - ERISA Jeopardy XV – “Actuarial Smackdown”
10/27/2008 - 3:50 - 5:05 PM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Core 1.50 CPD 1.50
Come join us for this year's version of the popular challenge. The actuarial contestants wrestle with ERISA and PPA, no holds (or restrictions) barred.
Speakers:
1.
Donald J. Segal
2.
Alice C. Hicks
- Aon Hewitt
26 - Plan Design by Small Employers After PPA Workshop
10/27/2008 - 3:50 - 5:05 PM
Session Category: Employee Benefits - Small Plan Issues
Credits:
EA Core 1.50 CPD 1.50
The Internal Revenue Code and Regulations have historically restricted the ability of small employers to design optimal plans. PPA has added more code and regulations. Come discuss what has been added and what has been taken away.
Speakers:
1.
Stanley H. Tannenbaum
- The Benefit Practice
2.
J. Gregory Gaston
- J. G. Gaston & Associates Inc.
27 - Workshop on Public Employee Retirement Systems (Part I)
10/28/2008 - 8:00 - 9:40 AM
Session Category: Employee Benefits - Beyond Corporate Retirement Plans
Credits:
EA Core 1.00 EA Noncore 1.00 CPD 2.00
Come join an open forum to exchange ideas, information and experiences on current topics of interest to actuaries who work with public employee retirement systems. Topics for discussion may include actuarial assumption, plan design trends and more.
Speakers:
1.
Ira M. Summer
- Public Pension Professionals Inc.
2.
Leon F. Joyner Jr.
- The Segal Company
3.
Bradley R. Heinrichs
- Foster & Foster Inc.
28 - PPA – Please Provide Advice!
10/28/2008 - 8:00 - 9:40 AM
Session Category: Employee Benefits - New Rulings/Development
Credits:
EA Core 2.00 CPD 2.00
Despite the new law being fully in effect, there are a number of questions surrounding its application. Speakers explore the top outstanding issues with respect to funding calculations, benefit certifications, statutory hybrid plans, and more.
Speakers:
1.
Scott A. Hittner
- October Three LLC
2.
John H. Moore
- TTerry Consulting LLC
3.
Bruce Cadenhead
- Mercer
4.
Eric A. Keener
- Aon Hewitt
29 - Wide World of Pensions – A Trip Around the World
10/28/2008 - 8:00 - 9:40 AM
Session Category: International - Pension Issues
Credits:
EA Noncore 2.00 CPD 2.00
The presenters look at foreign trends in pension plans highlighting different countries such as the UK, Germany, Australia, Japan, Netherlands, China, Mexico and Canada. How are retirement programs in these countries different from the US? What are the funding requirements? What types of government sponsored retirement programs are there? Is it common to have individual retirement savings and is it encouraged by the governments of these countries?
Speakers:
1.
Robert O. Bacher
- ConocoPhillips
2.
Mark L. O'Reilly
- Deloitte Consulting LLP
3.
Andrew Boal
- Towers Watson
4.
Keith Barton
- Aon Hewitt
30 - Hot Topics in Executive Compensation
10/28/2008 - 8:00 - 9:40 AM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Noncore 2.00 CPD 2.00
With the proliferation of executive compensation (EC) regulations, including constraints imposed by the PPA and 409A, actuaries are necessarily called upon to consult. Presenters and participants discuss EC "hot topics" that actuarial consultants need to understand.
Speakers:
1.
Randolph B. Root
- Prudential Financial
2.
William R. Charyk
- Arent Fox, LLP
3.
Gregory J. Fox
- Montgomery McCracken
4.
John H. Lowell
- P-Solve Cassidy
31 - Bending the Line – Employer Initiatives to Control Healthcare Costs
10/28/2008 - 8:00 - 9:40 AM
Session Category: Health - General
Credits:
CPD 2.00
The session is designed to help consultants answer the question "What are other employers doing?" The panelists present survey results showing key initiatives by Fortune 500 and/or future considerations along with employer case studies as well as an open forum to exchange ideas, information, and experiences on the topic.
Speakers:
1.
Robert G. Tate
- Milliman Inc.
2.
Erich Y. Blumberg
- Lockton Dunning Benefit Company
3.
Jack E. Bruner
- CVS Caremark
32 - How’m I Doing?
10/28/2008 - 8:00 - 9:40 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 2.00 CPD 2.00
A satisfied client is the best source of new business. Understanding your clients’ needs, becoming their trusted advisor and getting honest actionable feedback on their satisfaction is critical to consulting success. Come learn effective techniques for becoming your clients’ trusted advisor.
Speakers:
1.
Andrew Dietz
- Creative Growth Group
2.
Phillip A. Merdinger
- Mercer
33 - Millennium Actuaries: What the SOA is Teaching Our Kids
10/28/2008 - 8:00 - 9:40 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 2.00 CPD 2.00
After walking ten miles uphill to each actuarial exam sitting, we proudly say that we attained our credentials when the exam systems were hard! Not so fast, boomers. Today's actuarial students are learning more diverse, cutting-edge content then ever. Moreover, the most recent phase of updates includes opportunities for continuing education. Come hear from actuarial students in the thick of the new system and the SoA on the expansion of their online educational offerings. This session concludes with a discussion of how to best leverage and empower the actuarial youth, inspiring their growth from technicians to consultants.
Speakers:
1.
Stacy Powell Litka
- Owens Corning
2.
Stuart Klugman
- Drake University
3.
Stephen Eadie
- Robertson Eadie & Associates Ltd.
4.
Mitzi E. McLean
- Aon Hewitt
5.
Paul W. Nawrot
- Fidelity Investments
34 - How is Consumerism Impacting the Future of Healthcare? Cost / Quality Transparency & Other Issues
10/28/2008 - 8:00 - 9:40 AM
Session Category: Health - Consumerism
Credits:
CPD 2.00
Consumerism in healthcare is prompting demand for provider cost and quality information. How is the health industry responding to this demand? What more should they be doing? What other consequences of consumerism are likely to emerge? Are there things that employers and participants can do to accentuate positives while minimizing potential negatives? First, we’ll hear the views of a physician and an actuary who have been on the forefront of these issues. Then we’ll open the floor for a lively discussion of your questions, opinions, experience, hopes, fears and suggestions.
Speakers:
1.
L. J. Mac McCarthy
- McCarthy Actuarial Consulting
2.
David M. Tuomala
- OptumInsight
3.
Vishal Agrawal
- McKinsey & Company
35 - Working with the PBGC – A Practical Business Guide for Consultants
10/28/2008 - 10:00 - 11:40 AM
Session Category: Employee Benefits - PBGC/Plan Termination Issues
Credits:
EA Core 2.00 CPD 2.00
Hear from the PBGC’s former Assistant General Counsel for Legislation and Regulations on strategies to follow and pitfalls to avoid when dealing with a broad range of PBGC-related issues, including premiums, audits, penalties, reporting, and terminations. Representatives of the PBGC will be available to answer your questions.
Speakers:
1.
Amy C. Viener
- Pension Benefit Guaranty Corp.
2.
Catherine B. Klion
- Pension Benefit Guaranty Corp.
3.
Harold J. Ashner
- Keightley & Ashner, LLP
36 - "Polly Want a QACA?" – Hot Topics for DC Plans
10/28/2008 - 10:00 - 11:40 AM
Session Category: Employee Benefits - Defined Contribution Issues
Credits:
EA Noncore 2.00 CPD 2.00
What is QACA and why might DC plan sponsors want to be one? Join us for a lively discussion on DC hot topics, including QACA, EACA, QDIA, company stock, plan governance, Roth 401(k) and fee disclosure.
Speakers:
1.
Robert J. Reiskytl
- Aon Hewitt
2.
Jay Slusher
- Russell Investment Group
3.
Robert E. Walter
4.
Virginia Blake Maguire
- Aon Hewitt
37 - Workshop on Public Employee Retirement System Strikes Back (Part II)
10/28/2008 - 10:00 - 11:40 AM
Session Category: Employee Benefits - Beyond Corporate Retirement Plans
Credits:
EA Core 1.00 EA Noncore 1.00 CPD 2.00
Continuing discussion of topics that were not covered in the earlier session on public employee retirement systems. Topics may include setting actuarial assumptions, reporting and disclosure, valuation and funding of DROP and OPEB.
Speakers:
1.
Ira M. Summer
- Public Pension Professionals Inc.
2.
Leon F. Joyner Jr.
- The Segal Company
3.
Bradley R. Heinrichs
- Foster & Foster Inc.
38 - Superannuation and its Discontents
10/28/2008 - 10:00 - 11:40 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 2.00 CPD 2.00
The panelists review the changes that have occurred to the superannuation (pension) market in Australia over the past decade or more and how the roles for actuaries have changed over this period, especially due to the dramatic reduction of defined benefit plans. All pension funds in Australia are now required to regularly review risk management frameworks and plans.
Speakers:
1.
Barry S. Blecher
- Towers Watson
2.
Andrew Boal
- Towers Watson
39 - Prescription Drug Programs: Plan Design and Pricing
10/28/2008 - 10:00 - 11:40 AM
Session Category: Health - Prescription Drugs
Credits:
CPD 2.00
The speakers cover the latest trends in the design of prescription drug programs and discuss estimated costs, Rx programs including trend components, pricing actives vs. retirees, accounting for rebates, formularies, and new drugs in the pipeline.
Speakers:
1.
Thomas S. Tomczyk
- Buck Consultants
2.
Dr. Howard R. Underwood
- Center for Health Solutions
3.
Jack E. Bruner
- CVS Caremark
40 - Moving Away from the Doctor’s Office: Health Care in Non-Traditional Settings
10/28/2008 - 10:00 - 11:40 AM
Session Category: Health - General
Credits:
CPD 2.00
As purchasers of healthcare continue to be faced with increases in cost that exceed both the growth in the overall economy and the increase in wage rates, they are looking for care in locations other than their local doctor's office and hospital. They are seeking care from providers in non-traditional locations - both in their home towns and overseas - and they are looking for care through nontraditional approaches. Learn about care provided locally by providers in retail locations and at the worksite, about care directed remotely through tele-medicine, and about care provided overseas through "health tourism."
Speakers:
1.
George B. Wagoner
- Mercer
2.
Mark Sullivan
- Pepsi Bottling Group, Inc.
3.
Shannon Bedore
- Wal-mart Home Office
4.
Michael Gorton
- TelaDoc
41 - Financial Economics: The SOA Module in 100 Minutes
10/28/2008 - 10:00 - 11:40 AM
Session Category: Employee Benefits - Investment Issues
Credits:
EA Noncore 2.00 CPD 2.00
Following from the Millennium Actuaries session covering the new exam system, learn selected content from the Financial Economics module. This session is designed to be boomer-friendly!
Speakers:
1.
Stacy Powell Litka
- Owens Corning
2.
Stuart Klugman
- Drake University
3.
Mitzi E. McLean
- Aon Hewitt
4.
Stephen Eadie
- Robertson Eadie & Associates Ltd.
42 - Tuesday Afternoon Session – Actuaries Behaving Badly
10/28/2008 - Noon - 2:05 PM
Session Category: Professionalism
Credits:
EA Core 2.50 CPD 2.50
Speakers discuss hypothetical situations based loosely on actual cases that resulted in counseling or disciplinary action by the Actuarial Board for Counseling and Discipline (ABCD). This interactive session presents the audience with case "facts" and asks participants to determine the appropriate level of discipline.
Speakers:
1.
William J. Falk
2.
Mary Downs
- American Academy of Actuaries
3.
Curtis E. Huntington
- University of Michigan
43 - Oops! I Did it Again! – Correction Programs – How to Fix a Qualification Breakdown
10/29/2008 - 7:30 - 8:45 AM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Core 1.50 CPD 1.50
We all know how difficult it is for a qualified plan to remain 100% compliant in operation. What happens if there is a compliance breakdown? The panel looks at the IRS correction programs – SCP, VCP and Audit CAP – that enable a plan to remain tax-qualified.
Speakers:
1.
Joseph P. Strazemski
- Buck Consultants
2.
Wayne Kamenitz
- Ernst & Young, LLP
3.
Seth H. Tievsky
- Internal Revenue Service
4.
Monika A. Templeman
- Internal Revenue Service
44 - The Art of the Deal – Due Diligence in Employee Compensation and Benefit Issues
10/29/2008 - 7:30 - 8:45 AM
Session Category: Employee Benefits - Retirement/Consulting Issues
Credits:
EA Core 0.30 EA Noncore 1.20 CPD 1.50
Mergers and acquisitions present a host of issues that are of great importance to the buyer, the seller, the shareholders and the employees of the organizations involved. Topics to be discussed include the measurement of liabilities for executive compensation and benefits, including 280G calculations; measurement of pension and postretirement medical obligations; asset versus stock transactions; identification of compliance issues and resolution; and international transactions.
Speakers:
1.
William E. Roberts
- Towers Watson
2.
Connie S. Lam
- Ernst & Young, LLP
3.
Christopher Laux
- Ernst & Young, LLP
45 - Resurgence of Hybrid Plans: Does One Size Fit All?
10/29/2008 - 7:30 - 8:45 AM
Session Category: Employee Benefits - New Rulings/Development
Credits:
EA Core 0.75 EA Noncore 0.75 CPD 1.50
A lot of the uncertainty around hybrid plans has been addressed by the courts and PPA. Will hybrid plans again become popular? The panelists review the events of the past few years and discuss characteristics of a workforce that line up well with the different hybrid designs.
Speakers:
1.
Laurin S. Eastling
- Aon Hewitt
2.
Lawrence J. Sher
- October Three LLC
3.
Julie M. Durkin
- Towers Watson
4.
Craig P. Rosenthal
- Mercer
46 - Dialogue with the IRS
10/29/2008 - 7:30 - 8:45 AM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Core 1.50 CPD 1.50
This is an excellent opportunity for attendees to ask questions and discuss important developments with the IRS. Don’t miss your chance to (possibly) get answers to the questions that have been troubling you.
Speakers:
1.
Donald J. Segal
2.
Martin Pippins
- Internal Revenue Service
47 - GASB 43/45: In the Trenches
10/29/2008 - 7:30 - 8:45 AM
Session Category: Health - GASB Issues
Credits:
EA Noncore 1.50 CPD 1.50
Get down to the actuarial nitty-gritty with your peers. No speakers but you. No topics but yours. E-mail your topic suggestions to conference@ccactuaries.org before October 10th.
Speakers:
1.
Steven D. Bryson
- Lewis & Ellis, Inc.
2.
Jill M. Urdahl
- Hildi Incorporated
3.
Robin B. Simon
- Buck Consultants
4.
Dale H. Yamamoto
- Red Quill Consulting
5.
James J. Rizzo
- Gabriel Roeder Smith & Company
6.
Ecaterina Nagy
- Municipal Employees Retirement System of Michigan
48 - Consultants' Increasing Liability with Stop Loss Coverage
10/29/2008 - 7:30 - 8:45 AM
Session Category: Health - Insurance
Credits:
CPD 1.50
A $2,000,000 claim is no longer uncommon especially when you consider the high-tech medical and pharmacy pipeline. Forecasting future costs is more complicated than ever before. Panelists discuss the environment of large claims; trends, key medical conditions, high-tech pipeline, underwriting techniques, and risk models. They also discuss stop loss policies including a policy overview, when use of stop loss is recommended, creative policy features, omissions/limitations, and how best to communicate limitations to employers.
Speakers:
1.
Erich Y. Blumberg
- Lockton Dunning Benefit Company
2.
Shannon Demaree
- Lockton Companies
3.
Douglass J. Taylor
- Sun Life of Canada
49 - Actuaries in Investment Banking: Tales From the Dark Side
10/29/2008 - 7:30 - 8:45 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
Long hours. Sleepless nights. Fierce competition. These may be on the list of popular stigmas associated with investment banking, but we can’t deny that innovation and financial sophistication belong on that list as well. Enter actuaries, who have infiltrated banking organizations to contribute to the development of investment and other solutions for defined benefit pension plans. From customized duration hedges to longevity hedges, and looking forward to a market for pension buy-outs, investment banks are at the cutting edge and are looking to pension actuaries to keep them there. This panel of pension actuaries working in investment banking discuss their roles in the context of the latest DB plan solutions.
Speakers:
1.
Stacy Powell Litka
- Owens Corning
2.
Hal Knox
- Buck Consultants, a Xerox Company
3.
Eric I. Palley
- Guggenheim Partners
4.
Igor Balevich
- Barclays Capital
50 - PPA – Practical Plan Application
10/29/2008 - 9:05 - 10:20 AM
Session Category: Employee Benefits - New Rulings/Development
Credits:
EA Core 1.50 CPD 1.50
This interactive session provides attendees a chance to share their experiences in complying with the new law in light of the less than complete guidance. Speakers share their insights and facilitate the discussion. Participants should come prepared to discuss interesting and unique situations they have encountered in their efforts to follow the new law.
Speakers:
1.
Ethan E. Kra
- Ethan E. Kra Actuarial Services LLC
2.
Stuart A. Sirkin
- Ernst & Young, LLP
51 - Unmasking the Myth: Risk Transfer, Insurance Companies, and Annuity Pricing
10/29/2008 - 9:05 - 10:20 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
Is your client worried about the risk associated with their pension plan? Is their pension plan becoming a drain on the company? Come to this session to learn how a full or partial transfer of pension risk to an insurance company may be beneficial, gain insight into how insurance companies price annuities and the factors involved, and listen to a company representative's success story.
Speakers:
1.
Stephen N. Eisenstein
- The Newport Group
2.
David R. Brady
- American International Group
3.
Neil Ronco
- Brentwood Asset Advisors
4.
David Alai
- Sharp Electronics Corp.
52 - Communicating Uncertainty
10/29/2008 - 9:05 - 10:20 AM
Session Category: Employee Benefits - Non-Technical Communications
Credits:
EA Noncore 1.50 CPD 1.50
Communicating uncertainty is a consulting skill we should always strive to improve. Actuaries from various practice areas share their approaches. This non-PowerPoint session should not be missed!
Speakers:
1.
Alfred O. Weller
- Weller Associates, Inc.
2.
Lawrence J. Sher
- October Three LLC
3.
John J. Schubert
- Deloitte Consulting LLP
53 - Managing Disease Management
10/29/2008 - 9:05 - 10:20 AM
Session Category: Health - General
Credits:
CPD 1.50
Disease Management and Health Promotion are often cited as essential elements of employer provided health plans, but solid evidence of their effectiveness is lacking. How does an employer decide which programs are right for them? How do they know what's working? Is ROI the right measure? A physician and an actuary, both on the cutting edge of this important issue, share their thoughts and recommendations about health and disease management.
Speakers:
1.
L. J. Mac McCarthy
- McCarthy Actuarial Consulting
2.
Ian Duncan
- Solucia Consulting, Inc.
3.
Dr. Lonny Reisman
- Active Health Management
54 - GASB 43/45 – So, What's The Right Answer
10/29/2008 - 9:05 - 10:20 AM
Session Category: Health - GASB Issues
Credits:
EA Noncore 1.50 CPD 1.50
Come discuss unanswered or borderline responses from the earlier GASB 43/45: In the Trenches session.
Speakers:
1.
Dale H. Yamamoto
- Red Quill Consulting
2.
Robin B. Simon
- Buck Consultants
3.
Steven D. Bryson
- Lewis & Ellis, Inc.
4.
Jill M. Urdahl
- Hildi Incorporated
5.
Ecaterina Nagy
- Municipal Employees Retirement System of Michigan
6.
James J. Rizzo
- Gabriel Roeder Smith & Company
55 - The Future of Equity Compensation
10/29/2008 - 9:05 - 10:20 AM
Session Category: Cross Discipline - General
Credits:
EA Noncore 1.50 CPD 1.50
The panelists discuss the evolution of equity compensation since FAS 123R adoption, including emerging designs and valuation methodologies.
Speakers:
1.
Randolph B. Root
- Prudential Financial
2.
John E. McArthur
- Radford Valuation Services
56 - Pension Plan Expenses: Flying Under the Radar?
10/29/2008 - 9:05 - 10:20 AM
Session Category: Employee Benefits - Compliance Issues
Credits:
EA Noncore 1.50 CPD 1.50
Service provider compensation from 401(k) plans has been in the news lately and is the center of several law suits. Flying under the radar are pension plans that have not had this scrutiny. From an investment structure perspective, there are more similarities than differences with 401(k) plans. In this session we uncover the effects of these fees on actuarial assumptions.
The panelists from Thompson Hine and Fiduciary Risk Management discuss important issues relating to pension plan fees and provider compensation.
It’s an important session you’ll not want to miss!
Speakers:
1.
Donald J. Segal
2.
Jessica Flores
3.
Tess J. Ferrera
- Thompson Hine LLP
57 - Actuarial Education Down Under
10/29/2008 - 9:05 - 10:20 AM
Session Category: International - General
Credits:
EA Noncore 1.50 CPD 1.50
Come hear how the Australian Institute of Actuaries has responded to changes to the pensions market, including the rapid decline of DB plans, and increasing regulatory emphasis on risk management. These developments have lead to radical reforms in the education of future actuaries.
Speakers:
1.
Barry S. Blecher
- Towers Watson
2.
Andrew Boal
- Towers Watson
58 - Closing General Session – Courting Danger and Other Risks of Expert Testimony
10/29/2008 - 10:40 AM - 12:15 PM
Session Category: Professionalism
Credits:
EA Core 1.50 CPD 1.50
The closing General Session is a fun interactive session, where one of the leading actuarial attorneys grills several actuaries in different testimony scenarios. The speakers in the session illustrate the perils and traps that even the most experienced actuarial practitioner may run into when being deposed or cross-examined in a legal proceeding. If you would like to know what you might expect from testifying on actuarial issues in a legal proceeding, or just want to see some of your peers pitting their wits against an experienced attorney, this thought-provoking and entertaining session is not to be missed.
Speakers:
1.
Lance J. Weiss
- Gabriel Roeder Smith & Company
2.
Frederick W. Kilbourne
- The Kilbourne Company
3.
R. Timothy Muth
- Reinhart Boerner Van Deuren s.c.
4.
James E. Turpin
- The Turpin Consulting Group, Inc.
5.
Paul B. Zeisler
- Buck Consultants
