Independent Actuary for Multi Employer Union Plan

[CTipper]

I would like to think I have half an idea as to what needs to be done with a single employer defined benefit plan. I even think I'm almost knowledgable about multiple employer plans.

Apparently I know next to nothing about Multi Employer Union Defined Benefit Plans.

We normally have an actuary sign our Bs for the work we do. They won't consider this Multi Employer plan I'm looking at as a prospect.

So, what makes these so difficult now and what does one need to look for?

If we're comfortable with single employer plans and we can find an actuary to sign the multi employer B are we begging for trouble?

Any interested actuaries out there?

Thanks

Christopher

[Effen]

yes, you are begging for trouble. Multi's were a different animal prior to PPA 06 and will be a very different animal after PPA 06.

yes, I'm sure there are lots of interested actuaries who have experience with these types of plans.