Guest pension222 Posted June 21, 2001 Posted June 21, 2001 When calculating the PVAB's to determine if a plan is top heavy do I take into account each participant's vested percent, i.e. do I calculate vested PVAB's since were are to treat each participant as if they terminated on the valuation date? What about terminated vested participants? Should we apply vesting to them? How about those terminated who are zero percent vested, do we ignore them? And finally how about those who are in pay status. Suppose they terminated when were 60% vested and are now in pay status. Do we value their benefit, which is 60% of their total accrued benefit as of their termination? Do you have any sites to back up an answer?
david rigby Posted June 21, 2001 Posted June 21, 2001 Recent discussion on this topic: http://www.benefitslink.com/boards/index.p...ST&f=22&t=10324 I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now