Gary Posted June 6, 2008 Posted June 6, 2008 Does anyone know of any "model" or "sample" AFTAP actuarial certifications that have been published? Thanks.
Andy the Actuary Posted June 6, 2008 Posted June 6, 2008 Here's an example of a certification. This was not taken from anything published. The following certification is required by the Pension Protection Act of 2006. Please retain it in the Plan’s files. There is no action that this requires taking (other than timely making of the contributions in the attached document). As indicated in the attached document, the Company has committed to contribute at least $475,000 in behalf of the 2007 Plan Year by September 15, 2008 and elected to waive any Funding Standard Account Carryover Credit Balance as of January 1, 2008. Consequently, I hereby certify that as of January 1, 2008, the AFTAP (Adjusted Funding Target Attainment Percentage) of the referenced plan was 80%. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional 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