Greetings from the Compact! It’s a bit of a “planting season” at the Compact right now, with several initiatives in active notice and comment periods with plenty of opportunities to weigh in before decisions begin to take root later this year. This issue offers a helpful grounding—bringing together the key activities, opportunities for engagement, and upcoming milestones shaping the months ahead.
We are also gearing up for our next in person Compact Roundtable on Wednesday, July 15, from 12:00–3:00 p.m. ET, which we are holding in conjunction with the NCOIL Summer Meeting. These Roundtables have become known for candid, high value discussion, and this session will build on that track record with an even sharper focus on meaningful exchange and shared problem solving. We strongly encourage regulators, industry, consumer representatives, and other stakeholders, especially those already planning to attend the NCOIL Summer Meeting, to make time for this event. Space is limited, so don’t miss the opportunity to take part! Please RSVP by June 8 via the Compact Roundtable Form.
We also want to call attention to several important initiatives that are currently open for formal notice, comment, or submission, with multiple deadlines fast approaching in June. Building on work discussed at last month’s Joint Meeting of the Management Committee and Commission, the Compact is actively seeking stakeholder input on proposed amendments to accidental death benefit standards, a proposed interim review operating procedure, and a Product Standards Committee recommendation regarding waiver of surrender charge triggers. In addition, the annual 2027 Uniform Standards Development process is now open for submissions. Like spring flower planting, these engagement windows are open for a limited time, and stakeholder feedback plays a critical role in shaping Compact outcomes—now is the time to review the materials and take part. You’ll find additional information and links elsewhere in this issue.
Lastly, the Compact Office will soon offer training for designated representatives, those individuals selected by a state’s commissioner, director, or superintendent to serve as their proxy during Commission meetings. These sessions will provide an overview of Compact processes, clarify the role and responsibilities of designated representatives, and highlight where to find key Compact information, with time built in for questions. This training will be open to all designated representatives, whether newly appointed or seeking a refresher. Stay tuned for additional details, including dates and registration information, in the coming weeks.
We are grateful for the opportunity to serve our members, and we are here to provide whatever support they need.
