Andy the Actuary Posted November 25, 2008 Posted November 25, 2008 It appears that the only election required to use the alternate funding target (e.g., 430 assumptions) to determine unfunded vested benefits is to check a box on the PBGC electronic filing. Is anybody requesting the employer to make a separate written election? I wonder since the election is irrevocable for 5 years how much slainin' practitioners are doing. 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.
tymesup Posted November 26, 2008 Posted November 26, 2008 Clients didn't read my AFTAP letter. I'm not wasting anybody's time with this pink elephant.
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