So it is when you do not want people to know what you are doing and apparently we have the same mentality when it comes to the Internal Revenue Service (IRS) and those who make their living through them.
At this week’s Enrolled Actuaries meeting it was announced that the IRS had, independently of any public opinion, decided to stop issuing determination letters on individually designed pension plans. I took notes of that statement and also recorded Kyle N. Brown confirming that the decision was final and the discussion was now as to the ‘how’:
I understood that the IRS had their funding problems but I considered such a radical departure from prior procedure taken unilaterally as beyond the pale. And I was not the only one:
I view this as an important policy issue open for debate but some would have it remain a secret only for insiders. I got this email an hour ago:
Dear Mr. Bury,
It has come to our attention that you have made personal recordings of the speakers at the 2015 Enrolled Actuaries Meeting without the permission of either the individual speakers or the joint sponsors of the Enrolled Actuaries Meeting. This audio is currently being made available through your blog, Burypensions Blog.
As your recording was made without the permission of the speakers or the sponsors, we are officially requesting that you remove the audio, and respond to this message once you have complied with this request.
If you have any questions regarding this request, please contact me immediately.
I paid to attend the meeting and also took notes which I have shared with you and others though I see an unedited recording as much fairer to the speakers than my interpretations of what they said so I posted the recordings. Most sessions at this meeting were also recorded (the last meeting that there will be official recordings) so the purported intent was to have this information made public.
However I am finding out that when you are making some decisions (who to answer to or who to audit or who to throw into ovens) you want your privacy.