ACOPA s Vision for 2018 and Beyond

Transcription

1 ACOPA s Vision for 2018 and Beyond William G. Karbon, MSPA, CPC, QPA, EVP and Director of Compliance CBIZ Benefits and Insurance Services John R. Markley, FSPA, CPC, Director of Industry Relations Markley Actuarial (a division of The Retirement Advantage) Martin L. Pippins, MSPA, ACOPA Executive Director mpippins@usaretirement.org

2 Topics Marty s background ACOPA strategic goals Joint board update Interaction with federal agencies Interaction with actuarial organizations Membership update Budget Social media update Symposium Questions 2

3 Poll Question #1 How long have you been a member of ACOPA? A. More than 20 years, I am a legacy! B. Ten to 20 years, everybody knows my name (cue Cheers theme song)! C. Two to ten years, gaining traction D. Less than two years, in learning mode E. Not a member but hear all the cool kids are 3

4 Marty s Background Started May 1 at ARA IRS actuary and executive Enrolled actuary JBEA Senate Finance Committee detail in

5 Preeminent educator ACOPA Strategic Goals ACOPA will be acknowledged as the preeminent educational organization for pension actuaries not employed at large actuarial firms and other pension professionals working on defined benefit plans Preeminent advocate Government will consistently rely on ACOPA to provide primary input when developing retirement policy with respect to actuarial and defined benefit plan issues 5

6 ACOPA Strategic Goals Leader in professionalism All stakeholders will recognize ACOPA members as the leading professionals among pension actuaries employed by small and mid-sized firms Greater recognition of ACOPA ACOPA will gain greater recognition as the premier organization for defined benefit plan professionals 6

7 ACOPA Value Propositions ACOPA is only organization that solely represents interests of pension actuaries employed by small and mid-sized firms ACOPA maintains a strong Government Affairs Committee that focuses on issues unique to the pension actuary 7

8 ACOPA Value Propositions Lobbies to preserve and enhance the employer-based retirement system, particularly the DB system Recognized as a preeminent educational organization for pension actuaries not employed at large actuarial firms and other pension professionals working on DB plans 8

9 Joint Board Update Advisory committee Testing committees/pre-testers Meeting scheduled for August 14, 2018 Enrollment process JBEA review 9

10 Interaction with Federal Agencies IRS DOL PBGC Increasing government participation in ACOPA and ASPPA conferences 10

11 Multiemployer Task Force Recently formed Four ACOPA members represented Intend to comment to Joint Select Committee by September 30,

12 Interaction with Actuarial Organizations North American Actuarial Council September 22-24, 2018 American Academy of Actuaries International Academy of Actuaries 12

13 Membership Update Overview of ACOPA strategic plan Elections Voting opened July 20 Voting closes August 3 at 5:00 pm ET Quorum reached, so on track eduda@usaretirement.org if you have issues with your ballot 13

14 ACOPA Budget Continuing budget pressures Membership continues to decline Dues for 2019 under consideration 14

15 Google Group Outstanding discussion and collaboration Rebranding The benefit formally known as the list serve Profile name Adjust your Google profile to show your professional name 15

16 Social Media Launching soon! Facebook LinkedIn Group Twitter Follow 16

17 Symposium Update 105 registered attendees as of this week Every attendee over goal greatly helps to reduce budget pressure Peer-to-peer Mike Spaid from IRS attending 17

18 Poll Question #2 Do you plan on attending the ACOPA Actuarial Symposium next month? A. Yes I wouldn t miss it for the world B. Still undecided, convince me! C. No I cannot make it this year and will miss all the fun 18

19 Questions Any questions? (703) ext

20 Miss the 2018 Spring Virtual Conference? Order the On-Demand Recording! Member price: $299 Nonmember price: $349 Worth 7.5 CE Credits! Go to: Details/productId/