Communication Guidelines

The CAG is not affiliated with the SOA or the SIPF, but agrees with the above Communication Guidelines of SIPF and has restated them here.

“The Society of Actuaries (SOA) Social Insurance and Public Finance (SIPF) Section plays an important role within the SOA and the actuarial profession. Members of the SIPF Section who are members of the actuarial profession are guided by a code of conduct that stresses the profession’s responsibility to the public and to uphold the reputation of the actuarial profession. This responsibility also guides those SIPF Section members who are not actuaries.  Such responsibility requires objectivity in the analysis of Social Insurance and Public Finance programs, and in communications regarding such programs. Because of this responsibility and the political environment in which many SIPF programs operate, any analysis of, or communication about, SIPF programs must be focused on facts and the principles of actuarial science.

Guidelines for SIPF Section Analysis of, and Communications about, Social Insurance and Public Finance programs:

  1  Fact-based using appropriate actuarial principles.

  2  The underlying assumptions and basis for those assumptions are clearly stated.

  3  When it is difficult or impossible to completely separate the financial aspects from the political aspects of a Social Insurance or Public Finance program, the difficulty is documented in an unbiased way.

  4  Personal opinions and beliefs are clearly identified as is the manner in which they are reflected in the underlying assumptions.

  5  SIPF Section work in progress is not distributed beyond the SIPF Section group that produced the work without proper authorization, by the working group.

These guidelines will be reviewed and updated periodically by SIPF.  They are  intended to provide guidance in communicating about SIPF activities and are not intended to in any way inhibit actuaries from addressing controversial issues requiring actuarial involvement.”


OUR MISSION

To help provide key stakeholders a full, accurate, and easily understood analysis of the financial realities of the nation’s social insurance and public employee benefit programs.

OUR OBJECTIVE

To assure that these systems are designed and managed with the financial discipline and transparency they require, but which they are not getting because of political pressures and the tendency of elected and other representatives to look for support rather than illumination.