Federal Register #2026-13514

Renewal of Department of Defense Board of Actuaries Federal Advisory Committee Charter

This notice announces the renewal of the charter for the Department of Defense Board of Actuaries, a Federal advisory committee. - Government Buyer: - Department of Defense - Office of the Secretary of Defense - Purpose: - Renewal of the Board of Actuaries charter as a non-discretionary Federal advisory committee - The Board provides independent actuarial advice and recommendations on: - Military Retirement Fund - Education Benefits Fund - Voluntary Separation Incentive Fund - Other funds as specified by the Secretary of War - Board Responsibilities: - Reviews valuations of Defense funds - Submits reports and recommendations to the Secretary of War, President, and Congress - Ensures funds are maintained on a sound actuarial basis - Membership: - Three qualified professional actuaries - Appointed for 15-year terms, with staggered appointments every five years - No procurement activity: - No OEMs, vendors, products, or services are being requested or procured - No part numbers or quantities listed - Notable Requirements: - Board members must be professional actuaries - The Board operates under a defined reporting structure and membership requirements

Description

The Department of Defense is renewing the charter for the Department of Defense Board of Actuaries as a non-discretionary Federal advisory committee. The Board provides independent advice and recommendations on matters relating to the Military Retirement Fund, Education Benefits Fund, Voluntary Separation Incentive Fund, and other specified funds. The Board reviews valuations of these funds and submits reports and recommendations to the Secretary of War, the President, and Congress to maintain the funds on a sound actuarial basis. The Board consists of three qualified professional actuaries appointed for 15-year terms, with staggered appointments every five years.

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