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9/1/2000: Exposure Draft - Proposed Actuarial Standard of Practice: Projected Benefit Illustrations (PDF) (Pension Committee of the Actuarial Standards Board)
Excerpt: [R]egulators and others have raised concerns regarding the completeness of communications provided to plan participants with respect to retirement plan changes.... [T]he role of actuaries in assisting sponsors in changing plans and in communicating such changes has been questioned.... [T]he Pension Practice Council of the American Academy of Actuaries requested that the ASB develop an actuarial standard of practice addressing communication of benefit changes to participants.
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