Joint Board for the Enrollment of Actuaries
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The Joint Board for the Enrollment of Actuaries licenses actuaries to perform a variety of actuarial tasks required of pension plans in the U.S. by the Employee Retirement Income Security Act of 1974 (ERISA). The Joint Board consists of five members – three appointed by the Secretary of the Treasury and two by the Secretary of Labor – as well as a sixth non-voting member representing the Pension Benefit Guaranty Corporation.
The Joint Board administers two examinations to prospective Enrolled Actuaries. Once the two examinations have been passed, and an individual has also obtained sufficient relevant professional experience, that individual becomes an Enrolled Actuary.
