American Academy of Actuaries Comment Letter to Actuarial Standards Board on ASOP No. 35, Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations (PDF)

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American Academy of Actuaries Comment Letter to Actuarial Standards Board on ASOP No. 35, Selection of Demographic and Other Noneconomic Assumptions for Measuring Pension Obligations (PDF)
Joint Committee on Retiree Health, American Academy of Actuaries

[Opinion]
Feb. 3, 2014

"In the more substantive sections in the exposure draft ... there is no mention of [retiree group benefits (RGB)] plans; every reference is to pension plans.... The lack of specific reference to RGB may make it difficult for an actuary who needs guidance on work such as a retiree life measurement or a retiree health redesign to know what information from ASOP No. 35 applies. Similarly, anyone evaluating whether such actuarial work meets professional standards may find it difficult if there are no references to the RGB work in question." MORE >>

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