Excerpt: Sponsors of defined benefit pension plans that are subject to Code §436 and have calendar plan years are reminded of the importance of having an actuarial certification of the plan's adjusted funded target attainment percentage (AFTAP) for 2008 before October 1, 2008.... [A]ctuaries for small plans with end-of-year valuation dates will have difficulty in timely certifying the AFTAP for the plan year that begins in 2008. In such cases, the Service will not challenge an actuary's certification of the AFTAP for the plan year beginning in 2008 merely because the certification was based on a date other than the end-of-year valuation date under §430 for that plan year, provided that the AFTAP is subsequently certified based upon the end-of-year valuation date and the subsequent certification does not result in a material change as defined under the proposed regulations.

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