WASHINGTON, May 20 /PRNewswire/ -- Paulette Tino, a remarkable woman for
the history she has lived and made, was awarded the prestigious Robert J.
Myers Public Service Award in a ceremony at the American Academy of Actuaries'
2005 Spring Meeting on May 3rd. Tino, 81, an actuary and 30-year veteran of
the IRS, is the 11th recipient and first woman to receive the award. The
Academy is a non-profit, professional membership organization based in
Washington, D.C., that represents the actuarial profession on public policy
and professionalism issues.
The award is presented annually to an actuary who has made major
contributions to the common good through service to government or public
organizations. The award is named after Robert J. Myers, the first chief
actuary of the Social Security Administration (1947 to 1970). During his
tenure he helped structure and fund the nation's largest social insurance
program in history.
"As I receive this honor for public service, as a fellow actuary, you
receive this honor with me," said the diminutive Tino in her thick French
accent, as she peered over the top of the podium to address 270 of her
colleagues and friends in the audience, including Robert J. Myers. The award
ceremony followed remarks by Treasury Secretary John Snow, who heads the
cabinet department that oversees the IRS. Snow met with Tino prior to his
speech, and congratulated her on her achievements during his remarks.
Academy president Robert E. Wilcox praised Tino for her accomplishments
and contributions to the public and to the profession. Wilcox noted that
before choosing an actuarial career she had thought about going into another
field that dealt with forecasting -- meteorology. "Choosing actuarial science
was a no-brainer she told me," he said. "Weather forecasting's loss was
pension solvency's gain."
In accepting the award she reflected on her illustrious career, and the
history she has seen and lived. Born in France, as a young girl, Tino played
in the shadows of Noyon Cathedral where Charlemagne was crowned King of the
Franks. As a teenager, she listened behind closed shutters the day the German
army marched into Paris, and as a young woman she joined crowds rejoicing in
the streets at the liberation of her hometown by allied forces. After
graduating from the Sorbonne, she and her husband Ovid moved to Montreal and
in 1954, she moved to New York City, where she worked for George B. Buck
Tino joined the IRS in 1975, and was one of the first actuaries hired to
work on the development of the Employee Retirement Income Security Act of 1974
(ERISA). ERISA is the landmark federal act that has shaped retirement and
health care policy for 30 years.
In 1980, she became a member and was the first woman to serve on the joint
board for the Enrollment of Actuaries. As a member of the Joint Board she has
served the profession for many years in the creation, testing, and
certification of actuarial exams. "Because of her diligence, young actuaries
are taught the importance of quality and accuracy in the certification,
reporting and disclosure of pension plan solvency," said Wilcox. Wilcox also
praised her groundbreaking accomplishments in the pension actuarial community
as she is considered the nation's foremost expert on the actuarial
certification commonly known as Form 5500 Schedule B.
The American Academy of Actuaries is the nonpartisan public policy
organization for the U.S. actuarial profession. The Academy provides
independent analysis to elected officials and regulators, maintains
professional standards for all actuaries, and communicates the value of
actuarial work to the media and public.
SOURCE American Academy of Actuaries