From the President

By Bill Karbon • February 16, 2018 • 0 Comments

I wanted to take this opportunity to catch everyone up on the activities of the ACOPA Leadership Council. The following summarizes the most important issues being addressed by leadership.

  • Late last year the American Academy of Actuaries made the decision to withdraw from the Joint Discipline Council. As a result of that decision, the Board of Directors of the Joint Discipline Council, which includes Kurt Piper and myself, had a conference call to determine the future of the Council. Ultimately, the Board of Directors voted to disband the Joint Discipline Council. At this point, there is no discussion to provide a subject actuary with the ability to have multiple organizations jointly determine any potential disciplinary action.
  • In January, John Markley and I participated in meetings of the North American Actuarial Council as well as attend a meeting with the Presidents and President-Elects of the Society of Actuaries, the Casualty Actuarial Society and the Conference of Consulting Actuaries. The meetings allowed John and I to develop relationships with the Presidents and President-Elects of the other North American Actuarial organizations as well as to discuss issues being confronted by the other actuarial organizations. Topics discussed included data science, pension de-risking, diversity in the actuarial profession and IAA matters.
  • As I have previously discussed, membership growth is critical to ACOPA. Therefore, we are revamping our membership committee. Justin Bonestroo will chair the membership committee which will strive to focus on the fact that ACOPA is the only actuarial organization that solely represents the interests of the pension actuary.
  • I have begun the process of reaching out to committee chairs regarding staffing needs and potential future leaders of their committees. We hope to be proactive in meeting the staffing and leadership needs of ACOPA’s committees.
  • Karen Smith has resigned from the ACOPA Leadership Council. In January, I nominated and the Leadership Council approved Angie Barclay as Karen’s replacement on the Council.
  • I am very pleased that effective May 1, Marty Pippins, a longtime IRS executive, will be joining ACOPA as its new Executive Director and Director of Regulatory Policy.

I encourage you to reach out to me with any thoughts you have to make ACOPA a stronger organization.


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