AFTAP and un-paid prior contributions

[Rob P]

I have generally thought of the AFTAP as a "cash basis" calculation. Current liabilities vs. current assets.

We have a sponsor that failed to make their 2007 required minimum contribution, due 9/15/2008. The plan now has an unpaid minimum required contribution (prior accumulated funding deficiency). Sponsor has no intention of making the contribution.

Does this effect the current AFTAP certification?

Any input is appreciated.

[Effen]

http://benefitslink.com/boards/index.php?showtopic=41508

Double Post - please delete one.