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Do Actuaries Need a Standard for Illustrating Retirement Benefits? (PDF)
Contingencies 
Sept. 19, 2001 "In June 2000, the Actuarial Standards Board (ASB) proposed a controversial new actuarial standard of practice ... intended to provide direction for actuaries who are preparing, reviewing, or advising on the preparation of benefit illustrations used to communicate a retirement plan change to participants.... Unfortunately, there has been little or no consensus on the provisions of the standard." MORE >> |
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