PERiScope

23 February 2023 - By Rebecca A. Sielman

In this issue of Dear Actuary, we discuss changes implemented in the recent ASOP 4 rewrite regarding plan funding status, investment risk, and Actuarially Determined Contributions.

28 July 2022 - By Yelena Pelletier

Learn about approaches for managing contribution volatility, which can be a challenge for fully funded plans.

17 May 2022 - By Aaron Shapiro, Rebecca Ross

We provide an overview of the requirements of Actuarial Standard of Practice No. 51, and then look at how it has been implemented with pension plans.

13 December 2019 - By Mark C. Olleman, Matt Larrabee

This paper presents two alternative options for mortality projection based on historical mortality improvement data.

02 August 2018 - By Markella L. Roma

A revised version of Actuarial Standard of Practice No. 6 is effective for any plan with a measurement date on or after March 31, 2015.

21 May 2018 - By Joanne E. Fontana

This article reviews the Alternative Measurement Method, which is used by small government employers in lieu of an actuarial valuation, and discusses the important changes relevant to small government employers as GASB 74/75 takes effect.

17 May 2018 - By Rebecca Ross

This article in the Governmental Accounting Standards Board Statement 74 and 75 miniseries discusses Other Postemployment Benefit expenses and balance sheet items.

10 July 2017 - By Timothy J. Herman

This article discusses the allocation of financial reporting liabilities and expenses for cost-sharing multiple-employer other postemployment benefit (OPEB) plans.

30 November 2016 - By Milliman Employee Benefits Research Group

Public comments on the Implementation Guide for Statement No. 74 can be submitted until December 19.

25 August 2016 - By Joanne E. Fontana

This article reviews the Alternative Measurement Method, which is used by small government employers in lieu of an actuarial valuation.