Guest Linda B Posted March 20, 2009 Posted March 20, 2009 We will be purchasing annuities for just retirees in a DB plan. In adjusting the AFTAP, do we look at all retirees to determine if they were an HCE at retirement, or does the HCE/non-HCE status apply to active participants only and therefore there would be no adjustment to AFTAP as retirees and whether they were HCE/non-HCE not considered here? Also, if there is an adjustment to AFTAP, we would assume the adjustment to assets is the purchase price. Is the adjustment to liabilities the purchase price or the funding liability released?
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