Ï㽶ÊÓƵ

2025 Membership (PDF)

2026 Proposed Charges

1. The Valuation Manual (VM)-22 (A) Subgroup will:
   1. Address topics designated as post-launch activities following the implementation of the VM-22 principle-based reserving (PBR) framework.
   2. Monitor the non-variable (fixed) annuities reserve framework and determine if revisions need to be made.
   3. Develop and recommend appropriate changes, including those that improve the accuracy and clarity of the VM-22 reserve requirements and reporting. 

2025 Charge

1. The Valuation Manual (VM)-22 (A) Subgroup will:
   
   1. Recommend requirements for non-variable (fixed) annuities in the accumulation and payout phases for consideration by the Task Force, as appropriate. Continue working with the Academy on a PBR methodology for non-variable annuities.