Webcast concerns

[SoCalActuary]

Two items:

1. Are the slides for past sessions available to those who missed them?

2. Joan's session today (9/27) showed several areas where additional guidance is requested. Can we find volunteers to draft suggested answers to those areas needing guidance?

Examples: What do we want to see in PBGC regs on missing participants?

Can we enumerate a list of "market rates of return" acceptable for cash balance plans?

Can we have ADEA exemption if the older HCE has a lower contribution than the younger HCE?

Is there a way to avoid the "moral hazards" of timing the actuarial certification of AFTAP? How can we protect the industry from criticism/litigation over the timing of benefit freezes caused by underfunding.

Can a valuation performed at the end of the year serve to determine the AFTAP for the next plan year?

How do we help a client elect use of the COB or waiver of COB?

What is the best way to satisfy 204(h) advance notice with the AFTAP suspension of benefit accruals?

What will be the allowable benefit payment on the restricted benefits at 60-80% funding levels? Plan rate, new 417(e) rate, PBGC premium rate, PBGC plan termination rate?

What will happen to 415 limits that would be limited under 401(a)(17)?

How do you determine or document that a contribution is to pay for a benefit increase rather than the normal funding? What will the schedule B need to disclose?

How will the threshold rates for 2007 be applied to determine if 2008 restrictions are in place? Highest allowable interest rate, or rate used by actuary for CL? or 412(l) value?

What effect will result from purchases of annuity contracts that are subject to dividends or excess interest credits? Will the purchase price be used?

If we fund benefits on an end-of-year valuation date, do we lose the ability to spread gain/loss on the salary increase portion of the accrued benefit?

I'm sure each of us has unresolved items in applying PPA. What are your ideas?