2011 | AMERICAN SOCIETY OF PENSION PROFESSIONALS & ACTUARIES

You are here

2011

Manage | s y s c o m : g m

On September 15, 2011, Judy Miller, MSPA, ASPPA’s Director of Retirement Policy, testified before the U.S. Senate Finance Committee at a hearing regarding Tax Reform Options: Promoting Retirement Security. [Written Testimony] [Oral Testimony]

On September 1, 2011, Richard Carpenter, testified on behalf of ASPPA at an Advisory Council on Employee Welfare and Pension Benefit Plans hearing on data security and privacy issues. ASPPA filed a statement for the record with the Council that addressed these issues. [Statement]

On July 21, 2011, Kristi Cook, JD, TGPC, testified on behalf of ASPPA and NTSAA at an Advisory Council on Employee Welfare and Pension Benefit Plans hearing on 403(b) plans. ASPPA and NTSAA filed a statement for the record with the Council that addressed: (1) differences between 403(b) plans and 401(a) qualified plans; (2) the safe harbor exclusion under Title I of ERISA; (3) challenges for disclosure of fees and services under section 408(b)(2) of ERISA for 403(b) plans; (4) 403(b) plan termination and handling of custodial mutual fund accounts; and (5) audit issues and financial statements. [Statement for the Record]

On March 1, 2011, Brian H. Graff, Executive Director/CEO of ASPPA, testified on behalf of ASPPA, the National Association of Independent Retirement Plan Advisors (NAIRPA), and the Council of Independent 401(k) Recordkeepers (CIKR) at a Department of Labor hearing on the Definition of Fiduciary proposed regulation. Graff indicated that the organizations generally support the proposed change to the regulation and encouraged the Department not to apply the regulation to IRAs. [Testimony]

On January 26, 2011, Thomas J. Finnegan, MSPA, CPC, president of ASPPA, testified on behalf of ASPPA and the ASPPA College of Pension Actuaries (ACOPA) at an IRS/Treasury hearing on proposed additional rules regarding hybrid retirement plans. Finnegan said final regulations should treat plan sponsors who have followed the rules in good faith fairly, provide a clear framework for plan design moving forward, and balance plan design flexibility with strong participant protections. [Testimony]

You are here

Most Popular

Recent Headlines