Fahad Saghir and David Godofsky will speak on panels at this webinar hosted by the Conference of Consulting Actuaries.
Fahad Saghir will speak on the panel “Required Minimum Distributions,” which will review both the proposed and final rules affecting defined benefit and defined contribution plans.
David Godofsky will speak on “Recent Court Cases of Interest to Retirement Actuaries,” where speakers will review recent court decisions, ongoing litigation and complaints filed that could affect defined benefit plans or pension actuaries. In “Actuarial Crime and Punishment (JBEA & ABCD Systems),” David and other speakers will present pension‐related scenarios from beginning to end: original source of conflict, actuary's efforts to resolve, nature of complaint, investigation by ABCD, IRS or the Joint Board, actuary’s responses, and subsequent action by federal agencies and actuarial organizations.
David will also speak at “Ethics,” where panelists and audience members discuss solutions to difficult ethical situations faced by actuaries in their day‐to‐day practices, including dealing with the IRS, correcting errors, billing clients, and clarity of communications. He will also be a panelist on “Pension Regulations Post-Chevron,” where they will discuss what Chevron deference was, how it affected agency interpretations of pension statutes, and the likely effect of Loper Bright and Corner Post on pension actuaries. Lastly, on “Practical Applications and Professional Risks of AI,” speakers address the application of large language models such as ChatGPT and other advanced AI and analytic technologies in the actuarial workplace, by diving deeper into specific ways that pension actuaries might potentially use AI in preparing work products, as well as the professionalism aspects to consider as we evaluate adoption of these new technologies.
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