Revised AFTAP

[dmb]

2010 Calendar Year Plan. 2010 AFTAP was certified in September based on September 2009 segment rates. AFTAP was 80% after deemed credit balance waiver of $100,000.

If 2010 funding assumption election has yet to be completed and employer wishes to elect January 2010 segment rates, an additional deemed credit balance wavier of $20,000 would be necessary to keep AFTAP at 80%. Is this acceptable since AFTAP would still be 80% or is it too late for additional deemed waiver of credit balance??

Thanks.