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
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
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
Marty s Background Started May 1 at ARA IRS actuary and executive Enrolled actuary JBEA Senate Finance Committee detail in 2017 4
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
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
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
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
Joint Board Update Advisory committee Testing committees/pre-testers Meeting scheduled for August 14, 2018 Enrollment process JBEA review 9
Interaction with Federal Agencies IRS DOL PBGC Increasing government participation in ACOPA and ASPPA conferences 10
Multiemployer Task Force Recently formed Four ACOPA members represented Intend to comment to Joint Select Committee by September 30, 2018 11
Interaction with Actuarial Organizations North American Actuarial Council September 22-24, 2018 American Academy of Actuaries International Academy of Actuaries 12
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 Email eduda@usaretirement.org if you have issues with your ballot 13
ACOPA Budget Continuing budget pressures Membership continues to decline Dues for 2019 under consideration 14
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
Social Media Launching soon! Facebook LinkedIn Group Twitter Follow Marty @ActuaryPension 16
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
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
Questions Any questions? mpippins@usaretirement.org (703) 513-9300 ext. 146 19
Miss the 2018 Spring Virtual Conference? Order the On-Demand Recording! Member price: $299 Nonmember price: $349 Worth 7.5 CE Credits! Go to: https://ecommerce.asppa-net.org/webcasts-conferences/meeting- Details/productId/8935914