Don't Miss the Next CCA Webinar

The "DB-ification" of DC Plans

05/08/2019 - 11:30 AM – 12:45 PM CT
Credits: EA Non-Core 1.50, CPD 1.50

As the Baby Boomers retire without the benefit of pensions, how can employers help them manage their longevity and investment risks? The presenters will discuss the latest retirement income strategies and tools available to employers along with prospects for pending legislation. In this session, you will learn more about the products and services available to your clients as they transition their DC plans from savings vehicles to retirement vehicles.


1. Barbara J. Ruel - Mercer
2. Neil J. Lloyd - Mercer
3. Steven G. Vernon - Rest-of-Life Communications
4. Kelli Hueler - Hueler Companies, Inc.

2019 Webinar Series

Registration for the entire 2019 CCA Webinar Series is open for individual events and series subscriptions. Click here to view the expanded offerings and options for 2019. For detailed information about registration options, please review the Webinar Policy and Fees Document (PDF).

Experience the Latest in On-Demand Education from CCA

Have an upcoming client meeting in the health sector and are just starting out or need a refresher course? Where do you go?

Look no further than CCA’s new E-Learning module: Demographic Contributions to Medical Expense Cost and Trends. Developed by CCA with the assistance of Mercer Partner Rich Bailey, this module guides you through how demographic data such as age, gender, and location contribute to the potential cost of employee medical expense.  

This interactive module is available at no cost. 

Visit the E-Learning Section under Education to learn more!

Message From the CCA President

Actuarial science is not an exact science…for now.

More often than not, our work product will be influenced by multiple, acceptable methodologies and/or a spectrum of reasonable assumptions that will produce a range of actuarially sound models and results. Technology, however, is conspiring to change this.  While it’s not likely to change the results of our work to a single point solution in the near future at least, technology is tightening the range.

The availability of “Big Data” and predictive modeling techniques is allowing actuaries to apply more precision to our work.  Information captured from Electronic Health Records, like Social Determinants of Health (SDOH), are helping healthcare actuaries better predict the prevalence and cost of large claims. It’s also assisting healthcare providers through more meaningful interactions with their patients to improve care.  The availability of new information is not only enhancing our predictive abilities but also requiring us to monitor how these are being used that could affect the range of reasonable outcomes.  As an example, incorporating SDOH into predictive modeling can help better identify populations that may be more susceptible to conditions that result from neglect of care or opioid abuse.  This will likely alter “typical” health care utilization and cost and result in improved mortality rates.

Blockchain technology, through its defining features of decentralization, immutability, and transparency, has the promise to create efficiencies in the financial and healthcare industries (among others).  Blockchain will improve the reliability and quality of the information used by actuaries as well as speed up transactional processing time.  In the financial arena, blockchain can improve our understanding of the risk profile of financial instruments leading to better definition of rates of return.  This technology will also have profound effects on healthcare claims processing, diminishing the lag time between when a claim is incurred and when it is eventually paid in addition to reducing payment error rates.  Clearly actuaries need to monitor the progress of this 10 year-old technology as it morphs into more widespread use.

Additionally, technology that is used to measure our body’s vital signs in real-time has moved from a wired environment in a hospital setting to less intrusive means of interaction within our everyday lives.  Wearable devices can measure cortisol in sweat to provide an objective gauge of emotional or physical stress and tell if a patient's adrenal or pituitary gland is working properly.  Researchers have designed a toilet seat that can detect congestive heart failure.  These are just two examples that represent the intersection of the physical and computing world that define artificial intelligence.  This type of real-time information, whether used solely by the user or linked to healthcare providers, can help identify health conditions sooner, potentially reducing long-term cost of care and improving mortality.

The inexact nature of what we do everyday places a greater burden on our profession and on us as actuaries to make sure we are appropriately trained for what we do.  Additionally, the environmental changes affecting the models and assumptions we use today require us to continually assess our work and make appropriate adaptations.  We are obligated to the people and institutions that rely on our work product, including our clients, the government, and the general public to be educated and conduct ourselves in a manner that maintains their trust in all we do.  These are the primary reason we need continued education, not simply to meet a standard imposed by our profession. 

The technologies discussed here were topics of our recent Enrolled Actuaries and Annual Healthcare meetings that took place earlier this month in Washington, DC.  They will also be covered in upcoming webinars produced by the CCA as well as at our Annual Meeting in October in San Antonio.  Given the nature of our ever-changing environment, I encourage all of us to take advantage of the many educational opportunities available, whether through the CCA or elsewhere, to maintain our knowledge and skills to the level that raises the profession in the eyes of those that rely on us and advances the practice. 

Edward M. Pudlowski, FCA


The 2019 PBGC 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 2019 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 2019 Blue Book Index through the CCA website.

Free Digital Access to The Wall Street Journal Now Available to Members

CCA members may now access their complimentary digital membership to The Wall Street Journal. From breaking news to politics, business and more—get a global perspective with unlimited digital access to the Journal.

To activate your subscription, login to the CCA website and visit the Wall Street Journal Subscription page under Member Resources.

For more information and FAQs, please visit here.


Sponsorship Opportunities Available

Become a strategic sponsor of the CCA and immerse yourself in the world of the top purchasers and influencers in the marketplace for public and private pension instruments, employee benefits, and healthcare services.

Engage with industry leaders one-on-one - with the kind of undivided attention that only comes with interpersonal exchanges by becoming a CCA Sponsor.

Click here to learn about the various Sponsorship Opportunities available, including the Annual Meeting, Enrolled Actuaries Meeting, and Webinars.

To secure your sponsorship or discuss sponsorship options, please contact Marie Shaw at 847-719-6500 or by email at

CCA's Response to the Academy’s Letter to the CCA Dated Sept. 14, 2018

CCA Members,

On Thursday, September 21, the CCA issued the following letter to the Board of Directors of the American Academy of Actuaries in response to their recent decision to exclude representation by the Conference of Consulting Actuaries and ACOPA from the Selection Committee for members of the Actuarial Board of Counseling and Discipline (ABCD) and the Actuarial Standards Board (ASB). Our Board is exploring other options and we will keep you informed of actions we take or any response we receive from the Academy. We welcome your comments at You may also contact CCA President John Lowell at or 770-235-8566. To view more of the communications by and between the Academy and the CCA, please visit

Board Members of the American Academy of Actuaries

The leadership of the CCA is both dismayed and disappointed by the Academy's unilateral action to exclude representation by the Conference of Consulting Actuaries and ACOPA from the Selection Committee for members of the Actuarial Board of Counseling and Discipline (ABCD) and the Actuarial Standards Board (ASB). We would have preferred an opportunity to discuss the Academy's concerns before taking any action so that we could more fully express our position on matters and to address many of the mischaracterization of the CCA by the Academy in the communication to your members issued Friday, September 7, 2018.

[Click Here for the Complete Message]

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 for details.

Intersector Meeting Notes

Updated: September 28, 2018

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 (Retirement, Health & Welfare, Life, and Casualty), type of firm, or scope of practice.