In addition to announcing leadership changes, both the National Structured Settlement Trade Association (NSSTA) and the Society of Settlement Planners (SSP) presented special awards and recognition during their respective and overlapping 2010 annual meetings last week in Washington, D.C.
Congressman Pete Stark was honored by NSSTA as its 2010 Legislator of the Year. Stark, a Democrat from California, has served in the United States House of Representatives since 1973. A member of the House Ways and Means Committee, Stark has been a powerful proponent of structured settlements beginning with The Periodic Payment Settlement Act of 1982.
NSSTA also honored two of its members, Karen Meyers and Joseph Bornstein, with special recognition for their contributions to NSSTA. Meyers organized and directs NSSTA's Certified Structured Settlement Consultant (CSSC) program in partnership with Notre Dame University. Bornstein is Chairman of NSSTAPAC, NSSTA's political action committee.
NSSTA is celebrating its 25th anniversary as a structured settlement lobbying and educational association. Former NSSTA President Joseph O'Reilly is directing a 2010 NSSTA project to interview and videotape past NSSTA presidents and leaders. In addition to honoring past NSSTA presidents and leaders, and capturing their historic knowledge, O'Reilly is seeking to jump start a strategic industry discussion about the future of structured settlements.
During its 2010 Annual Meeting, SSP honored Richard Risk with the designation of "Life Member" for his "valuable contributions to the Society of Settlement Planners and to the settlement planning profession." In presenting the award, SSP President Joseph Tombs stated: "You have helped strike a mighty blow for justice. Thousands (if not hundreds of thousands) of future injury victims will benefit from your work during the past two decades".