Andy the Actuary Posted September 6, 2010 Posted September 6, 2010 A Plan maintains neither a FSCOB nor a PFB. Must the actual return on assets be determined? If not, would you simply report an actual return of 0.00% on SB? 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.
My 2 cents Posted September 7, 2010 Posted September 7, 2010 Since there would be no direct consequences if your assessment were off a bit, perhaps you could use a shortcut and show, for example, the results of the old 2I/(A+B-I) calculation, especially if there are too many transactions to do the calculation the way you normally do when there are balances. Always check with your actuary first!
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