January 2014 Meeting

EVENT:  January 2014 Meeting

TOPIC:  Observations on the Illinois Pension CrisisThe house is on fire!  Should an actuary calculate how long it takes for it to burn down or call the Fire Department?

What is the role of Actuaries in the Illinois Pension Debate?  Public employee pensions are the current hot topic in Illinois.  Come to this meeting to understand to what degree Actuaries have been informing the debate, could be informing the debate, are required under ASOPs to inform the debate, and how the ASOPs and Actuarial discipline process might be changed to require actuaries to better inform the debate.

Attendance to this event will count for 1.2 Professionalism credits as required by the American Academy of Actuaries’ U.S. Qualification Standards.

NOTE:  The opinions expressed will be those of the speakers and not their affiliated organizations.


Tia Goss Sawhney, DrPH, FSA, MAAA

Dr. Sawhney is the Director of Data, Analytics, and Research for the Illinois Department of Healthcare and Family Services and is an employee participant of the IL State Employees Retirement System.

Mitchell I. Serota, PhD, FSA, EA, MAAA, FCA

Dr. Serota entered the actuarial profession in 1976 and has worked in both the health and pension arenas.  He has served on the Society's Education and Examination Committee and was the Vice President of the Chicago Actuarial Association, in charge of its Public Relations many years ago.  He founded an eponymous actuarial consulting firm in 1988 and has offered expert witness testimony on behalf of individuals, State Utility Rate Counsels in addition to providing consulting for corporate employee benefit plans.  He is currently serving both on the AAA Pension Committee and the Pension Section of the Actuarial Standards Board.  He earned his S.B. degree from the Massachusetts Institute of Technology and his Ph.D. from the University of Chicago.  He is an Adjunct Professor at Carthage College in Kenosha, WI.

DATEMonday, January 13, 2014
     3:30  Registration
     4:00  Speaker
     5:00  Reception, Hors D’oeuvres, and Networking

PLACE: BlueCross BlueShield of IL, 30th floor – NOTE THE ROOM CHANGE !
300 East Randolph, Chicago, IL 60601

COST: Members  $30 with hors d’oeuvres $20 without hors d’oeuvres
Non-Members  $40 with hors d’oeuvres $30 without hors d’oeuvres

 Retirees/Unemployed $10 with hors d’oeuvres Free without hors d’oeuvres

Make your reservation online by Wednesday, January 8, 2014.  This information subsequent updates are posted on our website at http://meeting.ChicagoActuarialAssociation.org

Please register online

Payment will be requested in advance by the reservation confirmation system.  Please use the link in your reservation confirmation message, which uses a secure PayPal web page to process credit cards and e-checks. 

There are no refunds for cancellations not received by the end of the day on Monday, January 8.

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