January 28, 2015

    A free roundtable session at the Academy’s 27th annual policy research conference, Wednesday, January 28, 2015.

    Within the policy community, there has been a significant focus on long-term care issues with a good understanding of problems, but limited solutions so far.  In addition, there is a lot of concern about retirement security, but the direct connection between long-term care and retirement security is often missed. During the last several years, the actuarial profession, through both the Society of Actuaries and the American Academy of Actuaries, has focused on major issues related to improving long-term care financing and security, and on issues related to the link between retirement security and long-term care. This roundtable will explore these issues through two panel discussions that include actuarial and other expert perspectives. Part 1 – Setting the Stage Moderator: Andrew Peterson, Staff Fellow – Retirement Systems, Society of Actuaries Panelists:

    • Anna Rappaport, Anna Rappaport Consulting: The impact of LTC costs on retirement wealth needs
    • Richard Johnson, Senior Fellow, Director, Program on Retirement Policy, Urban Institute: New approaches for evaluating LTC changes
    • Sandra Timmerman, Corporate Gerontologist/Aging & Business Strategies: Impact on family, caregivers, and their retirement security

    Part 2 – Moving Toward a Better Future Moderator: Andrew Peterson, Staff Fellow – Retirement Systems, Society of Actuaries Panelists:

    • Don Fuerst, Senior Pension Fellow, American Academy of Actuaries: How LTC changes and fits into the lifetime income discussion
    • Eric Stallard, Associate Director, Center for Population Health and Aging, Duke Population Research Institute
    • John Cutler, Senior Policy Analyst, Office of Personnel Management: Integration of public and private insurance

    Co-Sponsored by the Society of Actuaries and the American Academy of Actuaries