2012 Annual Funding Notice

[Guest raintrain19]

I see that the DOL issued proposed rules in November, 2010 for changes to the Annual Funding Notice. Does anyone know if the sample funding notice issued in the proposed rules should be used for a 2011 calendar year plan? I went ahead and compared the two samples, and there are some additions to the new AFN. Would it be prudent to use the proposed sample AFN, or can we stick with the initial sample AFN?

Thanks for your help with this

[AndyH]

What is the source of the second sample?

[Andy the Actuary]

If this helps, SungardRelius appears to have incorporated the revised model notice into their system that prepares the 2011 AFN. So, this implies that SR believes it is acceptable to include the revisions in 2011. Since the proposed regs are not yet final and since it has never been mandatory to use the model notice, it would seem you could either adopt or not adopt for 2011.

[Andy the Actuary]

What is the source of the second sample?

Federal Register: http://webapps.dol.gov/federalregister/Pdf...spx?DocId=24417

[AndyH]

What is the source of the second sample?

Federal Register: http://webapps.dol.gov/federalregister/Pdf...spx?DocId=24417

Thanks. I guess I was thinking this was the first and only.

[Guest raintrain19]

Thanks for confirming my thoughts on this, AtA. We'll go ahead and use the model notice in the proposed rules.