Description: This discussion on retirement benefits looks at plans most suitable for the smaller company and if it is practical to provide hospital and surgical benefits to retired employees and their dependents. From Transactions of Society of Actuaries 1953, Vol. 5, No. 12.

Description: The Internal Revenue Service “the Service” or “IRS” recently released Technical Advice Memorandum 200939019 “the TAM”. The TAM initially caused a stir among some in the insurance tax industry because it disallows a tax deduction that was permitted on the NAIC Annual Statement hereinafter “NAIC statement”. Specifically, the TAM states that unpaid loss adjustment expenses “LAE” for retiree medical benefits may only be deducted in the tax year in which the benefits are included in income by the employee who earned the benefits, despite the fact the amounts were properly included on the NAIC statement and regardless of deductibility of the unpaid LAE under the Internal Revenue Code “the Code”. This article discusses the memorandum.

Description: Most industry professionals acknowledge that funding retirement needs will almost always require disciplined savings over a period of decades. Today, we are less than 30 years from the second half of the 21st Century. However, a majority of the Millennial and Gen Z generations are either not eligible for or are not using today's tax-preferred options for funding retiree medical and Long Term Care (LTC).

Description: Chairperson's corner for January 2020 In the Public Interest.

Description: The Medicare Modernization Act has created numerous opportunities and as many questions for insurers as well as employers that provide retiree medical coverage. This session focuses on Medicare Part D and new accounting standards. From the Record of the Society of Actuaries, Vol. 31, No.2, Session 38

Description: This panel discussion is about portretirement benefits other than pensions. From the Record of the Society of Actuaries Vol. 17, No. 4A.

Description: This is a discussion about employee benefit plans after retirement. The following questions are addressed: 1. To what extent are death benefits and medical benefits for employees and dependents kept in force after the employee retires?, 2. Where there is a continuation of such benefits for a retired employee or his dependent, what special problems can result from remarriage or reemployment, or in the event of the enactment of a federal plan?, 3. What methods of paying for or funding such costs are used?, and 4. What are the tax implications to both the employee and employer of the various approaches? Also discussed are insured vs. non-insured plans and valuation standards for pension plans. From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2

Description: This session discussion is about the practical problems involved in evaluating post retirement benefits. A case study illustrating the differences between employer and employee viewpoints is reviewed. From Record of the Society of Actuaries Vol. 15, No. 3A.

Description: This session discussion is about postretirement health benefit funding, leveraged corporate-owned life insurance, trust-owned life insurance, settlement contracts, 401h and pension plan asset transfer. From Record of Society of Actuaries Vol. 17, No. 3B.

Description: Panelists cover recent developments and future possibilities for employer-sponsored retiree medical plan design including defined contribution health plans. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 40